Tag: Banking stocks
Private banks now structurally ex-growth, to see continued derating, says Emkay Global; halves weight in model portfolio
The major drivers are structural. Extreme risk aversion from both corporate borrowers and lenders has depressed wholesale loan demand. Disintermediation is intensifying as corporates are [Read more about this post…]
Nifty 50 slid for the second week in a row, 27 stocks shut in the red
In addition, the dimming hopes for an early rate cut by the US Fed, geopolitical tensions in the red sea, and rising US bond yields [Read more about this post…]
Nifty Bank slumps to a 7-week low, IDFC First Bank top laggard
Indian markets experienced another gloomy day as shares of major heavyweights took a hit, leading benchmark indices to close the session with a significant drop [Read more about this post…]
How does Indian market stack up against Asian peers when it comes to recent correction?
A primary factor contributing to the underperformance of the Indian markets over the last two trading sessions stems from the lackluster Q3 performance of HDFC [Read more about this post…]
Dalal Street bleeds: Mcap of these 5 private sector banks declines by ₹1.44 lakh crore in a day; HDFC Bank worst hit
The evident cause behind this downturn appears to be investors being unhappy with the bank’s Q3FY24 performance. Other leading private sector banks also experienced a [Read more about this post…]
Market Movers: 5 major stocks including HDFC Bank, RIL contribute 78% to the Nifty 50 gains today; check full list
Today’s rally was driven by robust support from both the banking and IT sectors. The surge in tech stocks was fueled by their healthy performance [Read more about this post…]
These 5 stocks command almost 70% of the Nifty 50 gains today
Indian stocks staged a robust recovery in today’s trading session, bouncing back after a two-day period of weakness. The Nifty 50 displayed a significant uptick, [Read more about this post…]
