Updated Apr 30, 2024 | 04:44 PM ISTYes Bank Share Price Target 2024. Yes Bank shares have delivered a solid return of 94 per cent in the last one year. Bank Stock Under Rs 50 Bank Stock Under Rs 50: SELL call by ICICI Securities | Share Price Target 2024 (Pic: Shutterstock/ET NOW)Yes Bank Share Price Target 2024, Bank Stock Under Rs 50: Domestic brokerage firm ICICI Securities has maintained SELL rating on Yes Bank shares. It said that the company has staged a commendable turnaround but valuation remains expensive.The brokerage said that Yes Bank reported in-line numbers in the fourth quarter (Q4FY24). The loan growth and deposits growth were also healthy in the quarter. Yes Bank has…
Read More…
Category: ICICI Bank
Bank Stocks: ICICI Bank and More Among Top Brokerage Calls This Week ,Markets News, Business News
Zee Business brings to you bank stocks recommended by brokerage firms to keep an eye out for.
View in App
Written By: Zee Business Video Team Updated on: May 01, 2024, 08.34 AM IST
Read More…
Brent may hit $95/bbl in near-term, Q2FY25 target price raised by $5/bbl on geopolitical risk premium: ICICI Bank
Global crude oil prices continued to rise by two per cent over the last month responding an increase in geo-political tensions, even as physical markets turned less tight. Brent crude prices had breached the $90/barrel mark during the period in a response to what appeared to be a build-up of tensions between Israel and Iran. According to a report by ICICI Bank Research, Brent may hit $95/barrel-mark in the near-term over geopolitical uncertainties.
On balance, the bank expects a broadly balanced…
Read More…
Brent crude may hit $95/bbl in near-term, Q2FY25 target price raised by $5/bbl on geopolitical risk premium: ICICI Bank
Global crude oil prices continued to rise by two per cent over the last month responding an increase in geo-political tensions, even as physical markets turned less tight. Brent crude prices…
Read More…
Stock Market Highlights | Sensex, Nifty 50 witness sharp fall in the last hour led by ICICI and HDFC Bank
Stock Market Highlights | On April 30, the stock market experienced a significant downturn in the final hour of trading, sliding from its record highs. The Nifty, which had reached an intra-day peak of 22,783, closed in negative territory, while the Sensex dropped by 189 points to 74,483. Profit booking dominated heavyweights like ICICI and HDFC Bank.Nifty closed 39 points lower at 22,605, with Nifty Bank also slipping by 27 points to 49,397, though the Midcap Index managed to rise by 34 points to 50,868. Seven Nifty stocks, including M&M, Power Grid, Grasim, and Eicher Motors, hit 52-week highs.REC surged 10% on the back of strong Q4 earnings, while PFC saw a 7% increase. Newgen Soft…
Read More…
NIFTY Bank hits all-time high; ICICI Bank m-cap crosses ₹8 lakh crore
SummaryNIFTY Bank was trading at 49,354 at 2 pm. Intraday, the index, which opened at 48,359, hit an all-time high of 49,388. ICICI Bank (4.7%), AU Bank (3.7%), State Bank of India (3.6%), Axis Bank (2.8%) and IndusInd Bank (2.6%) were the top gainers, while IDFC First Bank (4.4%) and Bandhan Bank (0.4%) were the only laggards.NIFTY Bank on Monday hit a fresh record high amid robust January-March quarter financial results of lenders such as ICICI Bank, HDFC Bank and Axis Bank.
The index was trading at 49,354 at 2 pm. Intraday, NIFTY Bank, which opened at 48,359, hit an all-time high of 49,388.
ICICI Bank (4.7%), AU Bank (3.7%), State Bank of India (3.6%), Axis Bank (2.8%) and IndusInd…
Read More…
Trade Spotlight | How to trade in ICICI Bank, Supreme Industries, BLS International Services
Story continues below Advertisement
Given the strong momentum with which the Nifty 50 decisively surpassed the 22,600 mark on April 29, negating the previous day’s bearish Dark Cloud Cover pattern and holding all key moving averages, the index is likely to take a leap towards a record high of 22,776 in the upcoming trading sessions, with immediate support at 22,500, experts said while advising ‘buy on dips’ strategy.
On April 29, the Nifty 50 jumped 223 points to 22,643 and formed a long, bullish candlestick pattern on the daily charts, while the…
Read More…
ICICI Bank Board declares dividend of Rs 10 per share for FY24
.jpeg?fit=1200%2C9999&ssl=1)
ICICI Bank Board declares dividend of Rs 10 per share for FY24
The Board of ICICI Bank, the country’s second-largest private sector lender, has declared a dividend of Rs 10 per share for fiscal 2024, the bank informed the stock exchanges on April 27.This would be subject to shareholders’s approval in the next annual general meeting, the bank stated.The bank, on April 27, reported a net profit of Rs 10,707 crore for the January-March quarter of the financial year 2023-24, which marks a 17 percent jump as compared to Rs 9,122 crore clocked in the year-ago period.The net profit is in line with the market estimates of Rs 10,331 crore.The net interest income (NII) of Rs 19,093…
Read More…
ICICI Group becomes sixth conglomerate to breach ₹10 lakh crore in market capitalisation
The combined market capitalisation of companies listed under ICICI Group went past ₹10 lakh crore for the first time after flagship — ICICI Bank — rose to its record high. The stock of ICICI Bank surged 5% on Monday (April 29), following its better-than-expected March quarter earnings.ICICI Group — the diversified financial services group with interests in banking, insurance, investment banking, broking and treasury products and services — entered the elite club after Bajaj Group, which had joined in December last year.Including ICICI Group — there are only six conglomerates in the country that boast a market capitalisation of at least ₹10 lakh crore. Interestingly, three…
Read More…
Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India today
Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, started off Monday’s session on a positive note, led by financials following post-results gains in SBI Life Insurance and ICICI Bank.
Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, states that the persistent selling by FIIs, which is brought on by the rising US bond rates, is still the main cause of the market’s negative sentiment. As long as US bond rates are high—a decision that is made by…
Read More…