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Analyst Tracker: Kotak Mahindra Bank stock gets most brokerage rating upgrades in May

Kotak Bank s cheap valuations and a fall in gross NPAs have prompted brokerages to upgrade their ratings on the stock. Although RBI restrictions could affect the growth, the stock price correction has factored in the impact, say analysts.

With rising IT expenses, Kotak Mahindra Bank also saw rising customers complaints

Stock Market Today: Top 10 things to know before the market opens

Equity markets closed lower on Friday, driven by profit-taking as Nifty 50 hit new highs. Heavyweights like RIL, L&T, and HDFC Bank declined, with FPIs selling off.

Kotak Mahindra Bank's mcap jumps by over Rs 15,400 cr as shares surge post Q4 results

The stock climbed 5.01 per cent to settle at Rs 1,624.75 on the BSE. During the day, it soared 5.54 per cent to Rs 1,633.

Kotak Mahindra Bank Shares Surge 5% Post Stellar Q4 Performance