As of 9:58 AM, private sector bank stocks are witnessing mixed movement, with Kotak Mahindra Bank in the green, while Federal Bank and ICICI Bank are among the top losers.
Key Movers
- Kotak Mahindra Bank: Up 1.19% at ₹1,761.40 (+₹20.70).
- HDFC Bank: Marginally down 0.10% at ₹1,776.10 (-₹1.80).
- Yes Bank: Lower by 0.36% at ₹19.47 (-₹0.07).
- Bandhan Bank: Down 0.45% to ₹158.29 (-₹0.71).
- Axis Bank: Declined 0.46% to ₹1,065.05 (-₹4.90).
- ICICI Bank: Trading lower by 0.89% at ₹1,283.15 (-₹11.50).
- Federal Bank: Down 1.84% to ₹197.35 (-₹3.70).
The sector is showing a cautious trend, with Kotak Mahindra Bank standing out as the only notable gainer. Broader market conditions or specific sectoral pressures could be influencing these movements.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.