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RBL Bank Ltd gains for third straight session
RBL Bank Ltd is quoting at Rs 372.75, up 1.89% on the day as on 12:49 IST on the NSE. The stock is up 71.66% in last one year as compared to a 4.2% slide in NIFTY and a 0.21% slide in the Nifty Private Bank index.
AU Small Finance Bank Ltd rises for third consecutive session
AU Small Finance Bank Ltd is quoting at Rs 1034.4, up 1.86% on the day as on 12:49 IST on the NSE. The stock is up 32.37% in last one year as compared to a 4.2% drop in NIFTY and a 2.39% drop in the Nifty Bank index.
IndusInd Bank Ltd up for third consecutive session
IndusInd Bank Ltd is quoting at Rs 939, up 2.36% on the day as on 12:49 IST on the NSE. The stock is up 14.34% in last one year as compared to a 4.2% slide in NIFTY and a 2.39% slide in the Nifty Bank index.
Axis Bank Ltd spurts 0.97%, up for five straight sessions
Axis Bank Ltd is quoting at Rs 1369.4, up 0.97% on the day as on 12:44 IST on the NSE. The stock is up 12.67% in last one year as compared to a 4.14% fall in NIFTY and a 2.49% fall in the Nifty Bank.
Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead?
Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falling oil prices boosted sentiment. Analysts expect lenders to lead the market rally, citing attractive valuations, RBI support measures, improving technical indicators and favourable risk-reward in major private banks.
Mutual Funds Bought Adani Enterprises, ICICI Bank, Eternal; Sold Vedanta, MTAR Tech, Infosys In May
Mutual funds turned more tactical in May 2026.
Nifty tops key 23,500 hurdle, can head to 24,500 on buying interest: Analysts
Nifty's strong breakout above 23,500 has turned technical analysts bullish, anticipating a move towards 24,000-24,500. Analysts highlight improving momentum, bullish patterns, and sustained buying interest, with 23,100-23,300 acting as crucial support. Specific stock recommendations include Bank of India, BPCL, HDFC Bank, UltraTech Cement, and KEI Industries.
Bulls return to banks on RBI's FCNR(B) initiative
Traders are piling into bullish derivative bets on banks, reversing bearish positions, as RBI's foreign currency borrowing measures boost lenders. Bank Nifty surged 4.25% last week, outperforming the Nifty. Analysts expect this trend to continue, driven by short covering and fresh long additions.
Mutual fund distributors seek tax relief after Sebi’s expense ratio overhaul
Distributors have urged the Association of Mutual Funds in India to adopt the reverse charge mechanism to offset income losses stemming from new expense ratio regulations. Many small distributors, particularly those exempt from GST, are significantly affected by the changes.
Nifty Outlook for June 15: 24,000 back on the radar as index breaks out of range
Bank Nifty continued to outperform the broader market and ended the week with gains of more than 4%, closing at 56,815. The banking index played a crucial role in supporting the benchmark during the first half of the week and later emerged as the key driver of Friday's rally.
Mcap of 8 most valued firms surges by ₹1.90 trn, ICICI Bank shines
The combined market valuation of eight of the top-10 most valued firms surged by Rs 1.90 lakh crore last week, with ICICI Bank stealing the show, in tandem with a rally in equities. Last week, the BSE benchmark Sensex jumped 1,284.61 points, or 1.73 per cent, and the NSE Nifty surged 256.2 points, or 1 per cent. "Indian equity markets ended a volatile week on a strong note, snapping a two-week losing streak amid improving global sentiment and supportive measures from the Reserve Bank of India (RBI) aimed at attracting foreign currency inflows," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. Investor confidence improved on optimism surrounding a potential USIran peace deal, which raised hopes of easing geopolitical tensions and stabilising energy markets, he added. From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Tata Consultancy Services (TCS)
F&O Talk: Bullish Nifty charts; Sudeep Shah picks 7 stocks, outlines HDFC Bank, Sterlite Tech strategy - The Economic Times
F&O Talk: Bullish Nifty charts; Sudeep Shah picks 7 stocks, outlines HDFC Bank, Sterlite Tech strategyThe Economic Times