Page 2 - Bank Stocks
Axis, ICICI, IndusInd Bank: Select pvt lenders poised for up to 10% upside
The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.
 "Axis, ICICI, IndusInd Bank: Select pvt lenders poised for up to 10% upside")
Budget 2022: Financials to gain from capex push, digital rupee, say experts
Banks and NBFCs stand to gain from the Union Budget as a new growth cycle on the back of the massive capex plan has the potential to crowd-in private investment, say analysts
 "Budget 2022: Financials to gain from capex push, digital rupee, say experts")
HDFC Bank disappoints on margins, fee income growth, say analysts
A decline in payment and credit card-related fees from a year ago - as the bank gave fee waivers as an incentive - was a new niggle for the lender to contend with
 "HDFC Bank disappoints on margins, fee income growth, say analysts")
SBI can rally to a new high, charts show; Canara Bank, J&K have 8% upside
The Nifty PSU Bank index needs to cross 2,850 to indicate further strength
 "SBI can rally to a new high, charts show; Canara Bank, J&K have 8% upside")
Bank stocks broadly positive during Basel norms implementation: RBI paper
Banking stocks have broadly reacted positively to the strict capital norms under the Basel regulations put in place for domestic banks over an 18-year period, starting October 1998, RBI paper showed
 "Bank stocks broadly positive during Basel norms implementation: RBI paper")
Stocks to Watch: Textiles, Amara Raja, Airtel, TCS, ITC, Ajanta Pharma
Textiles shares shall be in limelight as the government has released the operational guidelines for the production-linked incentive (PLI) scheme
 "Stocks to Watch: Textiles, Amara Raja, Airtel, TCS, ITC, Ajanta Pharma")
Stocks to Watch: RIL, Burger King, PowerGrid, TVS Motor, banks, IT shares
Bank shares may be in focus as RBI proposes to introduce revised norms for banks for setting aside capital for operational risks
Banks, NBFCs set to reverse underperformance in 2022, say analysts
Jefferies is bullish on HDFC Bank, ICICI Bank, SBI, and HDFC.
 "Banks, NBFCs set to reverse underperformance in 2022, say analysts")
Stocks to Watch: RIL, SpiceJet, Rolta, Jindal Steel, banks, airline stocks
Rate sensitive shares are likely to be in focus owing to the RBI policy meet outcome
 "Stocks to Watch: RIL, SpiceJet, Rolta, Jindal Steel, banks, airline stocks")
Stocks to Watch:GSK Pharma, Jet Airways, Rel Infra, auto, bank, FMCG shares
Traders may keep positions light owing to the weekend factor as uncertainty lingers around the threat of Omicron variant
 "Stocks to Watch:GSK Pharma, Jet Airways, Rel Infra, auto, bank, FMCG shares")
Nifty Bank hits 200-DMA. How to trade bank stocks in the next few sessions
Expect PNB, Bandhan Bank and other banks to trade with a negative bias below 200-DMA
 "Nifty Bank hits 200-DMA. How to trade bank stocks in the next few sessions")
Stocks to Watch: Reliance, ITC, Paytm, BoB, FMCG, pharma, airline stocks
FMCG stocks are likely to be in focus on the back of price hike announced, while airline shares too may be on investor's radar following the fresh world-wide Coivd-19 scare
 "Stocks to Watch: Reliance, ITC, Paytm, BoB, FMCG, pharma, airline stocks")
IndusInd Bank falls to a 6-month low, down 20% in 3 weeks
The stock was trading lower for the fifth straight day, down nearly 2% at Rs 956.10, quoting at its lowest level since May 17, 2021.
 "IndusInd Bank falls to a 6-month low, down 20% in 3 weeks")
Recent correction may be an opportunity to enter bank stocks
PSB stocks have outperformed private rivals, and momentum looks strong
 "Recent correction may be an opportunity to enter bank stocks")
China property fear spreads beyond Evergrande crisis, roiling markets
Intensifying concerns about China Evergrande Group's debt crisis dragged down everything from bank stocks to Ping An Insurance Group Co. and high-yield dollar bond
 "China property fear spreads beyond Evergrande crisis, roiling markets")
Sensex tanks 720 pts from day's high, ends 125 pts down; Nifty PSB drops 3%
On the weekly basis, the benchmark indices gained, thus taking their winning run to the fourth straight week
 "Sensex tanks 720 pts from day's high, ends 125 pts down; Nifty PSB drops 3%")
PSU banks trade mixed after govt unveils NARCL plan; SBI hits new high
The government has approved a guarantee of Rs 30,600 crore to be provided for the security receipts issued by the National Asset Reconstruction Company (NARCL) to buy bad loans of lenders.
 "PSU banks trade mixed after govt unveils NARCL plan; SBI hits new high")
Stocks to watch: Biocon, Hero Moto, Poonawalla Fin, TVS Motor, bank stocks
Hero MotoCorp on Thursday said it will increase the price of its entire model range by up to Rs 3,000 from September 20
 "Stocks to watch: Biocon, Hero Moto, Poonawalla Fin, TVS Motor, bank stocks")
Sensex touches 56,000 but ends in the red; bank stocks tumble
Snapping its four-session record-setting spree, the the 30-share benchmark closed 162.78 points or 0.29 per cent lower at 55,629.49
 "Sensex touches 56,000 but ends in the red; bank stocks tumble")
From ICICI to Axis Bank, private banks turn laggards at bourses
The Nifty Private Bank index is up just 6 per cent year-to-date in the calendar year 2021, against nearly 13 per cent rally in the Bank Nifty and a 15 per cent rise in the benchmark Nifty50
 "From ICICI to Axis Bank, private banks turn laggards at bourses")
