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SHOCKING: 2 - What They Never Told You

Kotak Mahindra Bank shares fall over 3% despite Q1 profit growth. Analysts weigh in

Kotak Mahindra Bank shares fell after reporting a strong profit increase for the first quarter. Net profit rose 26% year-on-year, and net interest income also saw growth. Asset quality improved from the previous year, though key ratios weakened sequentially. Brokerages provided varied ratings, with some reiterating buy recommendations and others…

The Economic Times

Stocks in news: ICICI Bank, YES Bank, Kotak Bank, RIL, Axis Bank

Markets advanced Friday, gaining over one percent despite weak global cues. Analysts await quarterly results from Reliance Industries, HDFC Bank, and ICICI Bank. ICICI Bank reported a 16% year-on-year net profit increase for the June quarter. YES Bank and PNB also posted significant year-on-year profit growth. Kotak Mahindra Bank and…

The Economic Times

Kotak Bank Q1 Net Rises 26% on Loan Growth

Kotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attributed to a significant decline in provisions that bolstered the bank's financial results. Additionally, net interest income rose by nine percent, while operating profit saw a ten percent increase.

The Economic Times

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F&O Talk: Nifty IT gaining strong momentum, says Sudeep Shah; outlines HDFC Bank, ICICI Bank strategy after Q1

The Nifty IT index has rebounded nearly 13.5% from its July 1 low and gained around 5% this week, signalling improving momentum. Technical indicators, including the RSI, MACD and Relative Rotation Graph (RRG), point to strengthening bullish sentiment. The 29,600–29,650 zone is the key resistance, while 28,500–28,550 is expected to…

The Economic Times

Kotak Mahindra Bank Q1 Results: Net profit climbs 26% YoY to Rs 4,123 crore; NII rises 9%

Kotak Mahindra Bank Q1 Results: Kotak Mahindra Bank reported a 26% YoY rise in Q1 FY27 standalone net profit to Rs 4,123 crore, while NII increased 9%. Asset quality improved year-on-year, with gross and net NPAs declining, though margins moderated during the quarter. The bank’s deposits and advances continued to…

The Economic Times

HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?

Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank. Brokerages expect steady loan growth and stable asset quality, though margin pressure may weigh on earnings during the quarter.

The Economic Times

Why did market rise today? Sensex surges 965 points; Nifty ends above 24,300. 4 reasons why D-Street defied global rout

Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US conflict and rising oil prices added to investor caution. Foreign investors remained net sellers of Indian equities on Thursday. Analysts advise caution due to…

The Economic Times

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Dividend alert! Last day to buy HCL Tech, MRF, Dabur, among 68 stocks for dividend payout worth Rs 1,365

68 stocks will turn ex-record date for dividends today. Investors must buy shares today to receive these upcoming dividend payments. HCL Tech, MRF, and Dabur are among the prominent companies offering payouts. 3M India leads with the highest overall dividend payout per share. This event marks the final opportunity for…

The Economic Times

HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?

Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q1 earnings from major private lenders this weekend. Brokerages remain constructive on the sector, citing improving fundamentals, resilient loan growth and stable asset quality, while cautioning that…

The Economic Times

Why stock market fell today? Rising oil prices among key factors behind Rs 3 lakh crore wealth erosion

Benchmark indices Sensex and Nifty fell sharply on Tuesday as soaring crude oil prices, renewed rate hike fears, weak Q1 earnings from HCL Tech, a weaker rupee and fragile global cues triggered broad-based selling.

The Economic Times

7,700 jobs down: India’s top private banks’ workforce reduce as tech wonder gets busy

India's largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Technology now handles routine operations, freeing human resources for customer-facing roles. Banks like HDFC and Axis Bank are redeploying talent to advisory and sales functions. This trend signals changing skill requirements across the…

The Economic Times

Q1 Showdown: Analysts pick top bets as ICICI Bank, HDFC, Axis, Kotak, Yes Bank gear up for results this week

Five major private banks will announce their Q1 results this Saturday. Analysts offer mixed views on which banking stocks investors should consider. ICICI Bank is favored for its strong performance and reasonable valuation. HDFC Bank is seen as a defensive choice, while Axis Bank shows momentum. Kotak Mahindra Bank and…

The Economic Times

Dividends and stock splits: TCS, Dabur, MRF among nearly 100 stocks turning ex-date this week. Do you own any?

Nearly 100 stocks, including TCS, MRF and Dabur, will turn ex-date for dividends, stock splits and rights issues during the July 13–17 week. Investors must hold shares by record dates to qualify, with several high dividend payouts and multiple corporate actions lined up across sectors through the busy trading week…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian markets extended gains for a fourth straight session as Sensex jumped 521 points and Nifty closed above 24,430. Improved monsoon prospects, renewed FII buying, stable crude prices and optimism around earnings supported sentiment despite mixed global market cues.

The Economic Times

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The Economic Times

Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates

The Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak Mahindra Bank. Investors reacted to first-quarter business updates, with HDFC Bank emerging as the top gainer after reporting healthy growth in advances and deposits.

The Economic Times

Kotak Mahindra Bank shares fall over 3% after Q1 update; advances jump 15% to Rs 5.12 lakh crore

Kotak Mahindra Bank's shares dipped over 3% following its Q1 FY27 business update. While net advances saw a healthy 15% year-on-year jump to Rs 5.12 lakh crore, and total deposits grew nearly 12%, a sequential slowdown in deposit growth and a dip in current and savings account deposits may have…

The Economic Times

Kotak Mahindra Bank shares in focus on deal to buy Deutsche Bank’s retail business for Rs 282 crore

Kotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable loan book, deposits, assets under management and customers. The deal is expected to strengthen Kotak's affluent banking franchise while supporting Deutsche Bank's strategy to focus on its core businesses.

The Economic Times

Stocks in news: Kotak Mahindra Bank, Tata Motors, HDFC Bank, IndiGo, Coal India

Indian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a decisive breakout above 24,200. Key stocks like Tata Motors, HDFC Bank, IndiGo, Coal India, and Kotak Mahindra Bank are in focus due to significant developments including new product launches, executive appointments, and…

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The Economic Times

Delayed monsoon may weigh on auto demand, but long-term outlook stays strong: Aditya Shah

A delayed monsoon poses a temporary challenge to rural auto demand, particularly for tractors and two-wheelers, but the sector's long-term outlook remains robust. Experts highlight auto ancillaries as a key growth area, with electric mobility a significant long-term theme. Financials, especially Kotak Mahindra Bank and private sector lenders, along with…

The Economic Times

HDFC Bank overhang eases, Kotak CEO exit creates fresh uncertainty: What Pranav Gundlapalle is watching now

India's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO, a crucial step for governance confidence and potential stock upside. Meanwhile, Kotak Mahindra Bank navigates uncertainty after its CEO's resignation, with a new leader set to redefine its…

The Economic Times

Kotak Mahindra Bank shares fall 3% after CEO's surprise exit. What Nomura, Jefferies said

Analysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate. Despite the leadership change, analysts believe the bank's strategic direction will remain consistent.

The Economic Times

Stocks in news: Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Tata Motors

Indian markets experienced profit booking, falling over a percent amidst a weak global trend. Key stocks like Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, and Infosys are in focus due to significant developments. Vedanta saw a major promoter stake sale, while Honasa Consumer plans an acquisition. Bajaj Auto reported a ransomware…

The Economic Times

Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO says

Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth. CEO Ashok Vaswani aims for the bank to become India's third-largest private lender by profit. The bank is also investing heavily in technology and AI to enhance efficiency, expecting workforce…

The Economic Times

Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada Vaidya

Private sector banks are attracting investors with robust credit growth and stable asset quality. Experts anticipate a rate cycle shift, boosting margins. While some valuation concerns persist, opportunities for rerating exist in select large banks like ICICI and Kotak Mahindra Bank. Deposit mobilization remains a key area to monitor for…

The Economic Times

Time for India to focus on business of business, says Uday Kotak

Uday Kotak, Founder and Director of Kotak Mahindra Bank, emphasized that it is time for India to focus on the business of business now that other distractions have concluded. This call to action comes as global technology giants scale up their financial capacity to build next-generation infrastructure, highlighting a massive…

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