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Expecting continued margin improvement in the next few years, they anticipate a positive industry re-rating, foreseeing continued stock outperformance over the next 12 months
Bank Nifty closed at a one-month low at 46,064, falling nearly 4.28 percent – its largest drop since March 7, 2022, as HDFC Bank results disappoint.
According to Pricol's December shareholding data, Minda Corp held a 15.70 percent stake in the company
Life Insurance Corp of India Ltd. has reclaimed its position as the most valued listed public sector undertaking, surpassing the market capitalization of State Bank of India.
All 12 Bank Nifty names were in the red. Other than HDFC Bank's disappointing Q3 show, cautious outlook for private banks also hit investor sentiment, leading to sharp selling in the banking pack