Bank Stocks Rally

After the runaway rally, analysts say shift from PSBs to private peers

Private sector banks' outlook is brighter on a relative basis, and the players will outperform benchmark indices from a 6-12 months' perspective, analysts say

Banks may incur Rs 13,000 cr MTM losses in Q1 on rising bond yields: Icra

State-owned lenders, which hold large quantities if G-Secs, to face brunt of yield spike

ICICI Bank, SBI, BoB: Seven bank stocks cross 200-DMA, may surge 15%

Bank of Baroda, Canara Bank, and State Bank of India may see even better returns as they have also broken out of "Double Bottom" pattern

SBI, HDFC Bank: Here is why bank stocks rallied up to 7% on Monday

Analysts opine that Monday's rally in banks is a sign of investors digesting decline in Covid-19 cases

Nomura, Morgan Stanley bet on these stocks as Nifty Bank hits new record

The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why

Analysts at BofA Securities have upgraded Axis Bank, IndusInd Bank, and State Bank of India (SBI) on a "surprisingly" resilient asset quality outlook, and reasonable valuations

Financials in focus; Shriram Transport Finance, IndusInd, ICICI Bank up 7%

Shares of ICICI Bank hit an intra-day high of Rs 421 after the lender reported a six-fold jump in the standalone net profit at Rs 4,251 crore for the quarter ended September 2020

Nifty Bank gains 3.5%, hits 10-week high; Axis Bank soars 8%, ICICI Bank 5%

August Futures and Options (F&O) series, which ended on August 27, saw strong participation from banking sector underlying optimism in the space

ICICI Bank, SBI, BoB: How to trade bank stocks in this volatile market

Here's a look at what major technical indicators suggest for Nifty Bank and its key constituents and what should be your trading strategy

Attractive valuations, short covering: Why Nifty Bank gained 10% in 2 days

On the technical charts, Bank Nifty made a 'Double Bottom' pattern at around 17,000 levels on May 22, which indicated that a rally was bound to happen, says Nandish Shah of HDFC Securities

Banks surge on report govt may raise bond investment limit for FPIs to 10%

Additionally, sentiment at D-Street was bolstered by the latest amendments approved by the Cabinet Committee of Economic Affairs with respect to the Insolvency and Bankruptcy Code (IBC).

Financials rally up to 7% on report govt could notify NBFC resolution rules

However, some financial stocks, with weak fundamentals, missed the rally. For instance, Indian Bank, YES Bank, and Indiabulls Ventures slipped up to 9 per cent.

Bank stocks rally after RBI move on bond losses; Bank Nifty index gains 1%

Most analysts, however, see this as a temporary balm and expect pressure on banking stocks to remain, given the other structural headwinds