With this, several midcap stocks delivered sharp gains over the last one month. These included Bharat Heavy Electricals Ltd (BHEL), BSE Ltd, Suzlon Energy Ltd, Polycab India Ltd, YES Bank Ltd and IndusInd Bank Ltd.
IndusInd Bank shares rose 6.12 per cent to hit a high of Rs 899.90 on NSE. RBL Bank shares fell 4.76 per cent to Rs 306.10. Axis Bank declined 4.83 per cent to Rs 1,299.90 apiece.
HDFC Securities, the sixth-largest Indian broker in terms of active clients in FY26, said IndusInd Bank's Q4 results beat its estimates on the back of lower-than-expected provisioning,
Stocks like Reliance, Wipro, Axis Bank, Paytm, IndusInd Bank, RBL Bank, UPL, Lodha Developers, L&T Finance, IDFC First Bank will be in the spotlight on Monday, April 27.
IndusInd Bank: The private lender's net interest income (NII) rose to Rs 4,371 crore in Q4 FY26 from Rs 3,048 crore in Q4 FY25. Fee and other income also saw a sharp increase to Rs 1,714 crore as against Rs 709 crore in the year-ago period.
IndusInd Bank Q4 results & dividend: Mumbai-based private lender is set to announce its results for the quarter and financial year ended on March 31, 2026 on Friday, April 24.
The RBI has directed five banks, Axis Bank, City Union Bank, ICICI Bank, IndusInd Bank, and Yes Bank, to compensate a victim in a ₹22.92 crore digital arrest fraud, citing lapses in KYC and AML compliance.
Bajaj Broking said that BHEL has generated a breakout above last 2-months consolidation range Rs 241- 277 and thus offers fresh entry opportunity.
JM Financial has trimmed its EPS estimates, target prices and multiples for multiple banks on the back of higher cost of equity and rising macro uncertainty.
On Union Bank of India, the brokerage highlighted a second consecutive quarter of above-system growth post the management change. It viewed the PSU bank as a re-rating candidate.
Stocks like HDFC Bank, Bajaj Finance, Kotak Mahindra Bank, Vedanta, YES Bank, Adani Power, LG Electronics India, Axis Bank, RVNL, Hindustan Zinc and more will be in the spotlight on Monday, April 6.
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