Rekha Jhunjhunwala held 5,90,30,060 shares or 2.42 per cent stake in Federal Bank at the end of December quarter, whose value jumped to Rs 1,620.74 crore in Wednesday's trade.
Federal Bank total deposits grew 12 per cent year-on-year to Rs 297,796 crore, while advances rose 11 per cent to Rs 255,569 crore.
Federal Bank shares gained over 5% to Rs 261.20 on Friday against the previous close of Rs 246.90.
Trump indicated he is leaning toward naming either former Fed Governor Kevin Warsh or National Economic Council Director Kevin Hassett as Powell’s eventual successor
Powell’s latest statement came after the US attorney’s office in Washington launched a probe into whether he misled Congress about a multi-year renovation of the Federal Reserve’s headquarters, according to officials briefed on the matter
A recent preview by JM Financial, based on provisional updates from 24 banks and four NBFCs for the third quarter of FY26, highlights continued strength in loan growth for financial stocks.
The outlook for gold in 2026 remains constructive. Analysts expect prices to extend gains amid continued central bank buying, a dovish bias from the US Federal Reserve and lingering global uncertainty. According to ING’s Commodities Outlook 2026, gold prices could average $4,325 per ounce this year.
Indian banks are expected to demonstrate a visible recovery in their third quarter of FY26, according to a preview by JM Financial.
Elara Capital has raised concerns regarding the widely held view that net interest margins for banks will improve in FY27.
For Wednesday's session, Vatsal Bhuva, Technical Analyst at LKP Securities, has recommended buy positions in Federal Bank Ltd, Bajaj Auto Ltd and Tata Steel Ltd for short-term trade setups.
ICICI Securities forecasts a relatively stronger Q3FY26 for SBI, Kotak Mahindra Bank, City Union Bank, and Karur Vysya Bank, while IndusInd Bank, Yes Bank, and Bandhan Bank could see softer results.





