Haldar said Federal Bank continues to trade above its 20, 50 and 100 exponential moving averages, a sign that the broader structure remains healthy.
Ashika Institutional Equities expects healthy FY27 bank earnings on strong credit growth, improving deposits and lower NPAs. HDFC Bank, SBI and Axis Bank are among its top picks.
HDFC Bank, ICICI Bank, Axis Bank: Nomura suggested targets of Rs 950 for HDFC Bank, Rs 1,620 on ICICI Bank and Rs 1,560 on Axis Bank, suggesting double digit gains.
Anand Rathi shares its latest banking sector outlook with target prices for SBI, ICICI Bank, HDFC Bank, Bank of Baroda, YES Bank and other banking stocks.
On this edition of What's Hot on Business Today TV, anchor Sakshi Batra tracks Dalal Street as the Nifty slips below the 23,900 mark on a highly volatile series expiry day, dragged down by heavy correction across the IT and auto sectors while small caps and real estate show resilience. Joining the show to decode these crucial market moves is CA Tapan Doshi, Research Analyst from catapan.in, who breaks down macro cues, monsoon deficits, and the best defensive bets across mid and small caps ahead of the Q1 corporate earnings season. The stream delivers a comprehensive deep-dive into the day's biggest corporate headlines, including Adani Ports’ massive $1.4 billion Vizhinjam Port deal with MSC, Yes Bank's ₹16,000-crore fundraising clearance, Maruti Suzuki's prominent upgrade by Jefferies, and Oyo's fresh refiling for a 100% fresh-issue IPO. Additionally, the show unravels the high-profile executive 'musical chairs' sweeping through the CFO and chairman offices of major private lenders like HDFC Bank, Axis Bank, and Bandhan Bank.
Bandhan Bank has revised its fixed deposit interest rates, offering senior citizens up to 7.95% annually on select tenures. The move comes as several banks continue to adjust deposit rates despite the RBI keeping the repo rate unchanged.
Indian banks have raised Foreign Currency Non-Resident (FCNR) deposit rates after the Reserve Bank of India temporarily relaxed interest rate restrictions to attract foreign currency inflows. Several lenders are now offering returns of over 7% on US dollar deposits to woo NRI customers.
Canara Bank Securities said that Angel One has broken out of a multi-month symmetrical triangle on the weekly chart, resolving the range to the upside after an extended sideways phase.
The bank board approved the proposal for sale of identified NPAs with more than 180 DPD, pertaining to the housing finance portfolio of the bank, having principal outstanding amounting to Rs 303.74 crore.
Stocks like SBI, Adani Enterprises, GICRE, HCL Technologies, YES Bank, Oil India, Bandhan Bank, M&M Finance, Craftsman Automation will be in the spotlight on Tuesday, June 16.
The valuation premium of mid-private banks versus larger private banks has risen sharply and Elara said it would rather be selective in its approach. Within PSU banks, it prefers State Bank of India and Bank of Baroda.
Best Banking Stocks: Why This Market Expert See Another Hidden Banking Gem



