An analyst from Arihant Capital Markets said that YES Bank is maintaining the lower top lower bottom formation which is a sign of weakness with the stock having taken support at the 150-days SMA.
Stocks including Eternal, IndiGo, ICICI Bank, ONGC, Lenskart, Ola Electric, Whirlpool, MTAR Tech, Biocon, CEAT, Pine Labs and more will be in the spotlight on Monday, December 08.
India posted a stellar macro showing in Q2 FY26, with GDP rising 8.2% vs 7.8% QoQ, smashing estimates, while GVA came in strong at 8.1% versus 5.8% a year ago. Manufacturing surged 9.1% against 2.2% last year, and services expanded 9.2% versus 7.2%. Private consumption grew 7.9%, and gross fixed capital formation rose 7.3%, signalling resilient demand, though government consumption contracted 2.7%. Agriculture grew 3.5% and mining remained flat. For April–September, GDP increased 8.0% and nominal GDP 8.8%. The fiscal deficit touched 52.6% of the FY26 target by October, underscoring strong economic momentum. Watch Siddharth Zarabi, Group Editor, Business Today, break down these blockbuster GDP numbers in conversation with Radhika Rao, ED & Senior Economist, DBS Bank, Singapore; Siddhartha Sanyal, Chief Economist, Bandhan Bank; and Rumki Majumdar, Economist, Deloitte
Bandhan Bank said it would go for bidding as per Swiss Challenge method for sale of NPA portfolio with more than 180 Days Past Due, having principal outstanding amounting to Rs 3,212.17 Crore, as on September 30.
Stocks including Sudeep Pharma, TCS, Wipro, Tata Tech, Adani Enterprises, Zydus Life, RVNL, Medanta, Lodha, Bandhan Bank and more will be in the spotlight on Friday, November 28.
A few brokerages described Bandhan Bank's quarterly performance as among the weakest in the sector, marked by a steep decline in net interest margin (NIM) and elevated credit costs.
Bandhan Bank shares are up 6 per cent in 2025 so far against 13.65 per cent rise in the Nifty Bank during the same period.
In September, SMBC acquired a 24.22 per cent stake in YES Bank from lenders including SBI, HDFC Bank, Federal Bank, Bandhan Bank and CA Basque Investments, an affiliate of global investment firm Carlyle Group.
For Bandhan Bank, gross loans grew 7.2 per cent YoY and 4.8 per cent QoQ. HDFC Bank reported gross AUM growth of 8.9 per cent YoY. AU SFB clocked headline loan growth of 22.4 per cent YoY and 5.3 per cent QoQ.
CLSA has pegged SBI’s target price at Rs 1,050, suggesting a 21 per cent upside from Rs 867.05. It sees ICICI Bank advancing to Rs 1,700, a potential 24 per cent gain from Rs 1,365.
MOFSL expects sharper NIM declines for Bandhan Bank, Equitas SFB, AU SFB and Axis Bank, while RBL Bank could see a slight improvement.





