Market News

ICICI Bank top pick, Jio Financial a long-term bet, Ultratech a good hold: Chola Securities

Dharmesh Kant, Head of Research, Chola Securities, said private banks show stable fundamentals, supported by improving cost metrics and growth visibility. He highlighted that emerging financial platforms need time to scale despite strong backing. Kant added that cement demand remains supported by macro trends, with leading players maintaining pricing control and capacity expansion, offering visibility for medium-term growth across the sector. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

India can handle oil at current levels; financials may recover: Allspring’s Prashant Paroda

As geopolitical tensions around the Strait of Hormuz show signs of easing, Prashant Paroda, Portfolio Manager – Emerging Markets at Allspring Global Investments, believes markets are already factoring in a resolution. He adds that while Indian financials initially took a hit, recent earnings from HDFC Bank and ICICI Bank are in line with expectations, and stable loan growth could support a gradual recovery in the sector.

ICICI Bank shares rise after Q4 results; Five factors why analysts are bullish

The management of ICICI Bank affirmed no concerns in its loan portfolio, particularly in business banking, due to the ongoing supply chain disruptions from the West Asia conflict, which JPMorgan believes is "comforting."

Trade Setup for April 17: Nifty enters consolidation mode with 24,000 holding the key

According to analysts, a decisive move above 24,300 could trigger further upside, while failure to do so may lead to fresh profit booking, dragging the index towards 24,000.

Quick Wrap: Nifty Metal Index records a surge of 1.53%

Sensex Today | Stock Market Highlights: Nifty ends below 24,200 as banks weigh

Stock Market Highlights: The Sensex fell 123 points to 77,989, while the Nifty 50 declined 35 points to 24,197, slipping below the 24,200 mark. The Nifty Bank dropped 216 points to 56,086, while the midcap index outperformed, rising 369 points to 59,147, with market breadth remaining positive at an advance-decline ratio of 2:1.

Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainers

On April 16, the Indian stock market closed with modest losses after a recent rally. The Nifty 50 fell 0.18% while the Sensex dropped 0.21%. Broader markets showed gains, indicating a bullish tone, amid improving sentiment from potential US-Iran negotiations.

Stock Market Highlights, Sensex Today: Sensex, Nifty Close In Red As Auto, Realty, Bank Stocks Drag - NDTV

Stock Market Highlights, Sensex Today: Sensex, Nifty Close In Red As Auto, Realty, Bank Stocks DragNDTV

Mutual fund bulls vs FII bears: The Rs 38,000 crore battle for 5 popular bank stocks

Domestic mutual funds bought banking stocks worth Rs 38,000 crore in March, countering heavy FII selling of Rs 60,655 crore during the Iran war selloff. Major accumulation was seen in HDFC Bank, ICICI Bank, SBI, Kotak Mahindra Bank, and Axis Bank. HDFC Bank emerged as the top pick across leading mutual fund houses, according to Prime Database estimates.

ICICI Lombard among 8 stocks showing bullish RSI upswing

Eight Nifty 200 stocks that gained over 4% on April 15 featured in the RSI Trending Up scan, with RSI crossing above 50 from lower levels. The signal reflects improving momentum and sentiment, highlighting early strength and potential short-term buying opportunities in stocks showing upward price traction.

ICICI Bank Share Price Highlights: ICICI Bank Stock Price History

Nifty can rally another 900 points if it breaks decisively above this level, CLSA chartist projects

The Nifty 50 index has gained in seven out of the nine trading sessions so far in April and five of those sessions has seen the index gain at least 1% or more.