ICICI Bank's Q1 net interest income (NII) growth slightly surpassed expectations at 1 per cent year-on-year. This was boosted by higher interest on tax refunds.
A handful of quarterly earnings, including those from HDFC Bank, ICICI Bank, and YES Bank announced this weekend, and many more scheduled over the next week.
Leading private sector lender ICICI Bank will announce its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 on Saturday, July 19. 2025.
An analyst from YES Securities said that HDFC Bank appears poised for a bullish breakout after a few days of consolidation phase with recent price action showing renewed upward momentum.
MOFSL likes ICICI Bank, Bharti Airtel, L&T, Kotak MahindraBank, M&M, Titan, BEL, Ultratech, Indian Hotels, and Tech Mahindra among largecaps.
IIFL Securities said its estimates for IndusInd Bank (IIB), Federal Bank, Axis Bank and ICICI Bank are 5-18 per cent below the consensus estimates.
Premier Energies talked about its ambitious plans to expand its capacity, targeting a 10GW integrated ingot, wafer, cell, and module capacity by 2028.
Dreamfolks Services climbed 14 per cent from day's low of Rs 220.10 to hit a high of Rs 251.10 apiece. It was up 0.30 per cent at Rs 236 apiece on BSE, snapping a five-day losing run.
Shares of NIIT settled at Rs 139.70 on Wednesday, down 1.95 per cent. ICICI Bank shares closed the day at Rs 1,430.30, up 0.52 per cent.
MFs together held 1,60,02,67,745 shares in HDFC Bank, which were worth Rs 3,08,022 crore at the end of April. This was 20.91 per cent of HDFC Bank's total share capital and 6.99 per cent of mutual funds' total AUM.
The BSE Sensex stood at 79,859.57, up 647.04 points or 0.82 per cent. The RIL stock alone contributed 223.83 points positively to the index gains. The NSE Nifty was up 147.80 points, or 0.61 per cent, at 24,187.15.