#MarketsWithBS | ICICI Bank stock at record high; m-cap hits $100bn. What's behind the rise? Nikita Vashisht finds out #icicibank #mcap #markets #sharemarket #stockmarket #buzzingstocks
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#MarketsWithBS | Stocks of listed banks were in demand, on the stock exchanges, with the Nifty Bank index hitting a new high of 49,320.85 after a strong rally in private and public sector banks amid healthy Q4 results. The banking index surpassed its previous high of 49,057.40 touched on April 10. #banknifty #stockmarket #icicibank #q4results https://mybs.in/2dVCfE5
Bank shares dazzle; ICICI m-cap hits Rs 8 trn; SBI, Indian Bk soar up to 5%
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Finance 💰 and Cryptocurrency Writer. I aim to simplify the process of investing | Published On: The Motley Fool, Benzinga, Barchart.com, Investing.com and StockNews.
Myth: YES BANK is trading at a discount of 90% compared to all-time highs. Fact: YES BANK is valued "just" 30% below record highs. Yes Bank shares have fallen from ₹400 in 2018 to ₹24 today. While the stock has been in freefall, the company has increased the share count substantially, resulting in a dilution in shareholder wealth. Today, the private bank is valued at more than $8.8 billion and is still very expensive, given its weak financials. If it touches ₹400 again, the company will be valued at $142 billion, which is more than the market cap of State Bank of India and ICICI Bank combined!!! There is no way Yes Bank will reclaim its record highs, at least in the next decade. #yesbank #stocks #investing #valuation
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#MarketsWithBS | ICICI Bank stock has gained 31% in the last 9 months, while Zee has crashed 50% thus far in 2024. Both stocks could see a role reversal going ahead provided these levels are taken out, suggest charts. Rex Cano #icicibank #markets #sharemarket #stockmarket https://mybs.in/2dYq7qN
ICICI Bank, Zee in focus amid allegations on Sebi chief Buch; outlook here
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Stock and Company are two different entities, in short term Kotak Bank is doing well with its loans growing by 20% and its stock value at three times its book value. However, the stock market can be tricky. Sentiments, forced sales, RBI changes, and unfair trading can make the stock price drop, even if the bank itself is doing well. These problems could hurt the bank's short-term performance. So, if you don't have to sell your shares right away, be careful. You might end up buying shares later, even at a higher price, but it's better to keep your money safe than speculate on RBI new move. Things could get better quickly, but it's smart to avoid risks where you can. PS: No Recommendations #stocks #kotakbank
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Is HDFC Bank in trouble? Why has the stock been spiraling down? You see, the bank's stock has crashed over 10% this week itself. And this is because their quarterly results were declared this week, and the stock markets did not like the numbers. But what is wrong with their numbers? Well, the bank's Net Interest Margin (NIM) took a dip as compared to previous quarters. This indicates that the bank's profit-making ability has been hit. But why did it happen and what is next for HDFC Bank? Find out in today's Finshots! https://bit.ly/48KwDJd
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HDFC Bank shares experienced a significant downturn, falling by 3.7% to a day's low of Rs 1,480 on the BSE. Nifty heavyweight stock has witnessed a sharp decline, shedding approximately Rs 1.3 lakh crore in market capitalization, marking a 12% drop since 17th January,2024. HDFC Bank's weak performance contributing to over one-third of the overall decline in both Nifty and Sensex. Despite the dip, the stock failed to attract enough buyers, raising concerns among investors. Market observers are closely monitoring the situation, considering the impact of HDFC Bank's performance on broader market indices. Stay tuned for further updates as the market dynamics continue to evolve. #NDIM #MarketUpdate #HDFCBank #StockMarket #Investing #Nifty #Sensex #FinancialNews
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Yesterday, HDFC Bank, India's largest private sector bank, saw its shares experience the most significant intraday gain in nearly three months. The surge in HDFC Bank's stock was attributed to several positive developments. Gaurang Shah of Geojit Financials has expressed optimistic sentiments about HDFC Bank shares on BTTV's 'Market Today' show. He has said that judging the stock solely based on one quarter's performance would be unfair and set a target price for the stock at Rs 2,000. Watch: https://lnkd.in/dd8V2rVT | Tanya Aneja Shailendra Bhatnagar #HDFCBank #StockMarket #HDFCBankShares #BankingStocks #PrivateBankStocks
Is It A Right Time To Buy HDFC Bank Shares? What Should Be Your Next Target Price?
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IDFC First Bank - The stock has been in a slow decline since Sept 2023 and the combined OI has increased continuously indicating a short buildup. Several momentum indicators turned bullish on the stock recently. Can we see some short covering backed rally here? Follow us for more such interesting insights! #trading #stocktrading #idfc #psubank #niftybank #tradingsignals
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IndusInd Bank Ltd. (NSE) PROJECTION :🎖️ • The blue line indicates a potential bullish movement, suggesting a rally up to the 1,455.70 resistance level. This is contingent on the stock holding above the support level at 1,363.15. • If the price breaks below the 1,363.15 level, the trend may turn bearish, and the stock could potentially target the lower support at 1,336.60. CONCLUSION 🎖️ Bullish Scenario: The stock is expected to rise towards the 1,455.70 resistance level as long as it stays above 1,363.15. Bearish Scenario: A break below 1,363.15 could signal a bearish trend, with a potential target of 1,336.60. It’s crucial to monitor these key levels and the overall market sentiment for further confirmation of the trend. #IndusIndBank #BankingStocks #NSE #BankNifty #Bullish #Bearish
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