Federal Bank shares hit a record high of Rs 267.50 on Friday against the previous close of Rs 265.25.
Federal Bank shares hit a record high of Rs 264.20 on Monday against the previous close of Rs 261.55.
In the BSE 100 index, Cummins India, Federal Bank, Samvardhana Motherson International and Vedanta touched their respective 52-week highs during the session.
Axis Securities said that Policy Bazaar has decisively surpassed the past 6-8 months 'multiple resistance zone of Rs 1,935-1,945 with the current close, along with rising volumes.
Sankaran brings over three decades of experience across wholesale banking, retail credit and SME segments. In his career, he has held senior leadership roles at major private sector lenders, including Axis Bank, Federal Bank and HDFC Bank.
In the September quarter, banks had delivered some margin related surprises, with many of them reporting an earlier-than-expected recovery, even after absorbing the full impact of the 50 bps rate cut in June 2025.
The profit-booking was in line with Sensex and Nifty, which closed lower in the current trading session. While Sensex slipped 64 pts to 85641, Nifty closed 27 points lower at 26,175.
Amid the rally in banking stocks, Sensex and Nifty too hit record highs in the current session.
In India, domestic prices mirrored the global trend. On 28 November 2025, 24K gold rose to Rs 126,580 per 10 grams, up Rs 630 from its previous close, while 22K gold was quoted at ₹116,032.
Federal Bank shares ended 0.21% higher at Rs 256.40 today against the previous close of Rs 255.85.
Gold near record highs: In terms of further upside, Axis Securities highlights several tailwinds that could extend the rally into 2026.





