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.
An analyst from Master Capital Services said that ICICI Bank has triggered a strong bullish signal by breaking out of a complex inverse head & shoulders formation, marking a reversal of weakness.
ICICI Securities said teh return on asset (RoA) for YES Bank has moderated sequentially to 0.6 per cent. CASA growth was healthy at 30 and remained above industry.
ICICI Bank Q2: Systematix Institutional Equities said that seasonally lower agri slippages led to improved asset quality. It added that ICICI Bank's margins remained broadly stable alongside the improvement in asset quality.
The week's financial reporting will crescendo on Friday, October 17, with conglomerate Reliance Industries Limited headlining the day.





