Kaynes Tech, BEL, Premier Energies, Swiggy, Hindustan Zinc, RBL Bank, Varun Beverages and Suzlon Energy witnessed Rs 800-Rs 2,700 crore worth MF buying.
From a Q1FY26 perspective, Kotak Mahindra Bank, HDFC Bank, KVB, City Union Bank and YES Bank may sport relatively healthy results
Despite today's drop, RBL Bank shares have rallied 57.98 per cent on a year-to-date (YTD) basis.
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.
An analyst from Master Capital said that HCL Technologies is exhibiting a bullish technical setup, forming an inverse head and shoulders pattern, suggesting a potential trend reversal.
An analyst from Master Capital said that HDFC Bank has registered a breakout from a well-defined rectangle consolidation pattern, indicating a bullish continuation of its prevailing uptrend.
RBL Bank climbed 7.16 per cent to hit a high of Rs 201.25. With this, the stock has gained 28.70 per cent in the past three weeks. ICICI Securities said the bank's RoA, though muted in Q4, has likely bottomed out.
Select brokerage firms including BNP Paribas, Ventura and Ambit have shared views on select banking stocks and they have varied views on the stocks from this sector.
RBL Bank share: Anand Rathi said one ca accumulating the RBL Bank stock within the price range of Rs 173–167, while keeping a stop loss at Rs 155, for a target of Rs 204 in the next 1-3 months.
CLSA noted that when the RBI gave a one-year extension to the MD of RBL Bank, and later appointed a PSU banker, the stock crashed 60 per cent, as the Street feared there would be skeletons in the closet.
An analyst from StoxBox said that Yes Bank struggles to hold key support levels and lacks clear directional momentum. The RSI stands at 30.85, nearing oversold territory but not yet signaling a reversal.