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VERIFIEDET Stocks·positive

HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?

AI Summary
  • ·Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points.
  • ·Major banks including HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank are set to release Q1FY27 earnings.
  • ·Brokerages anticipate steady loan growth and stable asset quality, with potential margin pressure impacting earnings.
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