Nifty Bank Nifty Private Sector Bank

The technical analyst recommends to employ 'sell-on-rise' strategy for Nifty Private Bank, Nifty Consumption indices in the near-term

The Nifty Pvt Bank index can rally to 20,425 and 20,775 in the short-term.

According to the technical analyst, traders can employ 'buy-on-dips' strategy for Nifty Private Bank, Nifty PSU Bank, and Nifty Financial Services indices

According to technical analyst, the Nifty Private Bank index exhibits a bullish trend in the near term, but traders must exercise caution and wait for decisive breakout before taking any new position

According to the technical analyst, since Nifty Private Bank trades in a bearish trend, with moving averages, MACD, and RSI trending downwards, this, therefore, signals a negative market sentiment

According to the technical analyst, the Nifty 50 is expected to get strong support in the range of 17,925 to 18,000.

According to the technical analyst, the Nifty Private Bank, PSU Bank and Financial Services indices may extend the pullback in the near term.

Rs 47,000 crore raise by private banks in two months may be just adequate to meet the provisioning costs

The Reserve Bank of India (RBI) is set to meet for the three-day monetary policy meeting between August 4 and 6. Analysts expect the MPC to face dilemma of firmed up inflation and flattering growth

Among large banks, the brokerage sees ICICI Bank's PAT declining 49 per cent QoQ to Rs 2,100 crore in Q4FY20, followed by a 68 per cent sequential decline in Axis Bank's PAT at Rs 564.6 crore.

Analysts at Kotak Institutional Equities expect banks to report healthy earnings due to the Reserve Bank of India's loan moratorium

Stating that asset quality will deteriorate, Moody's said a sharp decline in economic activity and a rise in unemployment will lead to a deterioration of household and corporate finances.

The quarter gone by saw mixed results in terms of asset quality. Among key private players, only ICICI Bank and Axis Bank reported a fall in gross non-performing assets on a YoY basis

Nifty Bank index hit high of 28,488 today, surpasses its previous high of 28,389 recorded on August 28, 2018 in intra-day deal.

YES Bank, HDFC Bank, IndusInd Bank, IDFC Bank, Federal Bank, PNB, SBI, ICICI Bank and Axis Bank from the Nifty Bank index were up in the range of 1% to 4% on NSE

HDFC Bank hit a new high of Rs 1,608, while ICICI Bank touches fresh 52-week high of Rs 318 on NSE