Among private banks, we expect ICICI Bank and IndusInd Bank would be a frontrunner. While among PSU banks, Bank of Baroda and Canara Bank, and PNB are standing strong and may deliver decent gains in the coming week.
Stock Market News Live: Sensex and Nifty traded on a higher note in Thursday's deals, extending their gains for the third straight session on positive global cues. Minutes of the US Federal Reserve's November policy meeting hinted at a possible moderation in the pace of interest rate hikes. Asian shares climbed in early deals, tracking an overnight rise in Wall Street.
Among private banks, we expect Kotak Mahindra Bank and ICICI Bank would be frontrunners. While in PSU banks such as SBI and Canara Bank are still standing strong and may deliver some gains in the coming week.
Among private banks, HDFC Bank and Axis Bank are expected to be frontrunners. While in the PSU banking pack, Canara Bank, SBI and Bank of Baroda could muscled up in the coming week, said Bagadia.
Stock Market News Today Live Updates: Sensex and Nifty plunged into the red after opening higher on Friday amid mixed global cues as investors awaited domestic earnings reports and US jobs data for hints on future rate hikes.