As of 12:46 PM on November 28, large bank stocks displayed mixed performances with SBI showing marginal gains, while others faced declines. Here are the latest updates:
- State Bank of India (SBI): Gained 0.44%, trading at ₹837.75.
- Kotak Mahindra Bank: Declined 1.08%, trading at ₹1,764.00.
- Axis Bank: Dropped 0.89% to ₹1,139.40.
- ICICI Bank: Down 0.80%, trading at ₹1,290.30.
- HDFC Bank: Fell 0.43%, trading at ₹1,804.45.
While SBI remained in positive territory, other large-cap banking stocks experienced a pullback amid broader market volatility.
Disclaimer: This report is based on market data and is for informational purposes only. Investors are advised to consult their financial advisors before making any investment decisions.
Update: SBI up 0.34%, Kotak Bank down 0.68%, Axis Bank slips 0.77% as markets decline
As of 10:59 AM on November 28, large-cap banking stocks showed mixed performance amid a broader market decline, with the Nifty down 159.50 points (-0.66%) at ₹24,115.40.
- State Bank of India (SBI) rose 0.34%, trading at ₹836.95.
- Kotak Mahindra Bank declined 0.68% to ₹1,771.05.
- Axis Bank fell 0.77%, trading at ₹1,140.75.
- ICICI Bank dropped 0.42% to ₹1,295.25.
- HDFC Bank edged lower by 0.14%, trading at ₹1,809.75.
The market-wide fall has weighed on the financial sector, with Nifty facing selling pressure and major banking stocks seeing subdued or negative sentiment.
Disclaimer: This report is based on market data and is for informational purposes only. Investors are advised to consult their financial advisors before making any investment decisions.
Update: HDFC Bank up 0.57%, SBI gains 0.89%, Kotak Bank edges lower
The large-cap banking stocks showed mixed performance in early trade on November 28, at 10:30AM:
- State Bank of India (SBI) gained 0.89%, trading at ₹841.50.
- HDFC Bank rose 0.57% to ₹1,822.70, reflecting moderate buying interest.
- ICICI Bank also edged up by 0.20%, trading at ₹1,303.25.
On the other hand, some banks witnessed slight declines:
- Kotak Mahindra Bank slipped 0.11% to ₹1,781.15.
- Axis Bank remained nearly flat, down 0.01%, trading at ₹1,149.55.
The overall market sentiment in the banking sector remains steady, with selective buying in key players.
Disclaimer: This report is based on market data and is for informational purposes only. Investors are advised to consult their financial advisors before making any investment decisions.
