An analyst from Anand Rathi said that Bank of Maharashtra continues to exhibit a positive technical structure and the stock is reflecting sustained buying interest and a healthy short-term trend.
An analyst from Arihant Capital said that Suzlon Energy is maintaining a lower top lower bottom formation on the daily charts, which is a sign of weakness.
Geojit sees value in large-cap private banks, stating that large cap private banks now appear attractive, as their valuations remain below the five-year average.
Nifty Bank will witness methodology changes, which will result in two new inclusions along with member-wise weight adjustments.
Axis Bank's valuations at 1.5 times estimated FY27 adjusted book value should cushion any downside, said a broking firm.
An analyst from Anand Rathi said that A breakout is visible on the daily charts of Kotak Mahindra Bank, after a phase of consolidation in the Rs 2,125–2,165 range.
ICICI Prudential AMC has submitted its Red Herring Prospectus for an upcoming IPO. The issue will set aside up to 24.48 lakh shares exclusively for eligible shareholders of ICICI 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.
Among Sensex constituents, HDFC Bank led losers, falling 1.32 per cent to Rs 989.30. ICICI Bank slipped 0.83 per cent.
ICICI Bank said it would raise Rs 3,945 crore through the allotment of unsecured, subordinated Tier-2 bonds on a private placement basis.
The issuance comprises 3,945 Basel III-compliant bonds in the nature of debentures, each holding a face value of Rs 1 crore.
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