Kotak Mahindra Bank, Axis Bank, and HDFC Bank rose over 1% each while Bank of Baroda, PNB, SBI, and Bandhan Bank saw selling pressure. Bouncing back, Nifty Bank rose 185 points to close at 46,785
Domestic benchmark indices traded on a tepid note on Tuesday, as investors booked profits amid a weak global market mood. Asian markets reversed early gains as the global rally driven by optimism over Fed rate cut outlook came to a pause.Broader markets traded on a mixed note. Sectorally, auto and metal packs gained traction."Volatility is expected as March F&O contracts expire Thursday, while IT stocks may trade sluggishly following Accenture s revised revenue forecast. TCS kicks off the Q4 earning season on April 12th," said Prashanth Tapse, Senior VP (Research), Mehta Equities.
‘We will grow our loan book by 7-10% in FY22’ : Rashtra News #grow #loan #book #FY22 Bank of Baroda (BoB) is on track to clock credit growth between 7-10% in FY22 and expects to grow in double digits in FY23, MD & CEO Sanjiv Chadha tells Shritama Bose. At the same time, the bank