Nifty Banks
Nifty Bank rises for fourth-straight session, hovers near 52-week high level on strong gains in HDFC Bank, ICICI Bank
Nifty Bank rose over 2% on Thursday, nearing its 52-week high, driven by strong performances from major banks. HDFC Bank and ICICI Bank reached all-time highs as they prepare to announce Q4FY25 results on April 19, 2025.
2 min read17 Apr 2025Canara Bank, HDFC Bank to SBI: Bank stocks gain up to 2% on hopes of RBI rate cuts post inflation data
Bank stocks rose for the third consecutive day after retail inflation eased, boosting investor sentiment for another RBI rate cut. The Nifty Bank index increased 0.70%, with major banks like Federal Bank and Canara Bank gaining over 1.5%.
2 min read16 Apr 2025Banking stocks start FY24 in green, Bank Nifty up 200 pts. Will this sector sail smoothly this fiscal?
The year FY23 was more bitter than sweet for banking stocks due to contagion fear and illiquidity crisis in the US and Europe. The start of FY24 has been positive in banking stocks with focus on corporate earnings season and comfort from robust credit growth.
3 min read3 Apr 2023Canara Bank, HDFC Bank to SBI: Bank stocks gain up to 2% on hopes of RBI rate cuts post inflation data
Bank stocks rose for the third consecutive day after retail inflation eased, boosting investor sentiment for another RBI rate cut. The Nifty Bank index increased 0.70%, with major banks like Federal Bank and Canara Bank gaining over 1.5%.
2 min read16 Apr 2025