Estimated read time 16 min read
Stock Market News

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…]

Estimated read time 5 min read
Stock Market News

icici bank q4 results: ICICI Bank beats estimates to post 17% rise in Q4 profit

Mumbai: ICICI Bank, the second largest non-state lender by assets in India, on Saturday reported a better-than-expected 17% increase in net profit for the fourth [Read more about this post…]

Estimated read time 11 min read
Stock Market News

Stocks to buy: ICICI Bank and DLF looking attractive, here’s why

Indian stock market: A piercing line pattern, typically signaling a bullish reversal post-correction, has emerged on the daily chart. Moreover, the indicator has exceeded the [Read more about this post…]

Estimated read time 15 min read
Stock Market News

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — April 22

Sumeet Bagadia, Executive Director at Choice Broking believes that the Indian stock market bias has improved after the Nifty 50 index closed above the 50-DEMA [Read more about this post…]

Estimated read time 15 min read
Stock Market News

Stock market today: Sensex, Nifty 50 gain nearly 1% at open: 5 key reasons behind the market rally

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Broader markets supported the rally, with the Nifty Midcap 100 and the Nifty Smallcap 100 indices also trading in the green. The gains in the [Read more about this post…]

Estimated read time 10 min read
Stock Market News

ICICI Bank Q3 earnings: Consolidated net profit jumps 25.7% to ₹11,052.60 crore

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ICICI Bank posted a 25.7 percent rise in its consolidated net profit at ₹11,052.60 crore in the December quarter as against ₹8,792.42 in the same [Read more about this post…]

Estimated read time 14 min read
Stock Market News

Dalal Street bleeds: Mcap of these 5 private sector banks declines by ₹1.44 lakh crore in a day; HDFC Bank worst hit

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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…]