Bank Nifty Losers for the Week

Nifty bank index declined 0.68percent at 26,867.55 on the weekend Friday, 22-February, the index pulled by Kotak Bank, HDFC Bank, IndusInd Bank and Bank of Baroda The Weekly top losers on Bank Nifty are Kotak Mahindra Bank, IndusInd Bank, Federal Read more

Kotak Bank Stock Slips After Block Deal

During Friday session, shares in Kotak Mahindra Bank declined more or less 4percent intraday mid-morning after 5.87crore shares or 3-percent of its stake exchanged hands in six block deals. The report as per Bloomberg added that the shares of the Read more

PSU Bank stocks rise after govt approves fund infusion

Shares of PSU banks zoomed on Thursday after govt said that it will infuse Rs48,239cr to some lenders as part of its recapitalization programme. The government has announced a sum of Rs48,239Crore on Wednesday as part of the recapitalization programme of Read more

ICICI Bank stock trade higher after Q3 Outcome

Leading private sector lender ICICI Bank Limited on Wednesday, post market hours, reported a 2.7% year-on-year (Y-o-Y) decline in its net profit to Rs 1,604.91 crore for the Q3FY18-19 mainly on account of increase in provisioning. The bank had recorded Read more

Axis Bank Stock jumps after strong Q3 outcome

India’s third largest of the private-sector banks, Axis Bank Limited reported a 131% growth in its standalone profit to Rs 1681 crore for the third quarter of 2018-19 from 789.61 crores for the period ended Sept 30, 2018. The bank Read more