Page 6 - Bank Stocks

Bank stocks tumble; Nifty Private Bank index slips 3%; PSBs buck the trend

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

Bank stocks dip as RBI admits to potential balance sheet stress in sector

Uncertainty over asset quality remains challenge; a few stocks attractive from a medium term perspective, say analysts

Back in vogue: Banks, financial services stocks lead market recovery

Market participants are hopeful the asset quality deterioration of banks and NBFCs would not be to the extent expected earlier, and that the lending books may recover fast enough

Bank stocks still not fully pricing in Covid-19 lockdown impact: Analysts

An analysis by HDFC Securities shows that adjusted book value (ABV) for banks could fall up to 22 per cent in the worst case scenario, while return on average assets (ROAA) could dip 25-70 bps in FY21

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

HDFC Bank, ICICI Bank: Bank stocks look weak on technical charts. Stay away

A gap down close after touching 100-DMA indicates selling pressure in HDFC Bank. he counter has consistently failed to conquer 100-DMA as gap-down close has forced prices to correct even further.

Market Ahead, May 6: Top Factors That Could Guide Markets Today

Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers

Bank stocks crack; IndusInd, ICICI Bank plunge 11%, Nifty Bank dips over 8%

Sentiment remained weak across the board post the Reserve Bank of India's (RBI) directive to close Mumbai-based CKP Cooperative Bank

Financials, AMCs under pressure; Bajaj Finance, HDFC AMC down over 5%

At 10:16 am, the S&P BSE Finance and S&P BSE Bankex were down 2.9 per cent and 2.6 per cent, respectively as compared to a 1.5 per cent decline in the S&P BSE Sensex.

Private Banks' Q4 nos may not reflect full extent of Covid-19 hit: Analysts

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.

IndusInd, HDFC Bank surge up to 21% post Q4 biz update amid Covid-19 woes

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

IndusInd Bank, SBI tumble as Moody's downgrades sector outlook to negative

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.

IndusInd Bank: Kathpalia's maiden attempt to quell doubts sparks concerns

As the new management looks to focus on balance sheet, growth may take a backseat

Banks in focus: IndusInd Bk hits 8-yr low, m-cap slips below Rs 20K cr-mark

The outbreak of coronavirus (Covid-19) has raised fears of fresh bad loan wave as small businesses are likely to default owing to demand disruption.

Banks, NBFCs stocks lose sheen in Nifty amid coronavirus outbreak

Amid FII sell-off, contribution of financials to the index dips to 37.8%

Financial stocks extend decline; ICICI, Axis Bank, 19 others hit 52-wk lows

The sudden economic stop caused by Covid-19 containment measures will lead to a global recession this year, bringing intense credit pressure, said S&P Global Ratings

HDFC Bank slips below Rs 1,000. How to trade bank stocks in this market?

In the last one month, the Nifty Bank has tumbled 24.7 per cent as compared to Nifty's 23.64 per cent fall. Here are key levels for frontline banking counters.

Banks, financials tumble; RBL, AU Small Finance, IndusInd Bank dip over 14%

Nifty PSU Bank index tanked over 10-year low after falling 8 per cent in intra-day

Infuse capital in YES Bank; acquiring it will be disaster: Analysts to SBI

Most analysts believe it is a positive step for the Indian financial sector as the the government has tried to avoid a repeat of IL&FS-like crisis

Nifty PSU Bank index nears four-year low; six banks tumble to 5-year low

The fall comes amid weakening economic trends that can lead to subdued credit growth and continued elevated fresh stress formation in the immediate term.