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IDFC First Bank share price: IDFC First Bank shares fall 5% post Q2 earnings; Motilal Oswal downgrades stock

Brokerage Motilal Oswal downgraded the stock to neutral with a revised target price of Rs 95 following its September quarter earnings on Saturday. IDFC First Bank stock has delivered a 60% return since it initiated coverage in October 2022. "Post sharp outperformance over the past one year the stock now offers a limited upside to our revised fair value," Motilal Oswal opined.

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Futu tops financial gainers this week, while Banco Itau Chile falls the most (NASDAQ:GBDC)

Futu tops financial gainers this week, while Banco Itau Chile falls the most (NASDAQ:GBDC)
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Financials Lead The Surge In Stocks Small Mid cap Outperform

The Nifty 50 index settled 0.21 per cent higher at 19,306.05, while the S&P BSE Sensex rose 0.17 per cent to 64,996.60, , financial stocks, indian stocks

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The 3 Best Financial Stocks to Buy in August

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Buy these best financial stocks that are undervalued and positioned for more growth as the…

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fii sectoral picks: Bull market frenzy? FIIs pardon IT companies despite muted growth, weak guidance

A bulk of the investment (Rs 11,514 crore) went into financial services, which have been a favourite of all big boys of Dalal Street amid solid credit growth. However, the pace of inflow in financial stocks slowed down compared to June when FIIs invested over 19,000 crore in the sector. Capital goods continued to be in the list of top FII favourites as foreign investors spent Rs 5,633 crore in the sector.

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