‹ All Posts
Akhilesh Jat SEBI RA

1st Oct · SEBI-Registered Analyst

🏦 Banking Stocks Rally! Kotak, Axis, ICICI, HDFC Lead Bank Nifty Surge

The Bank Nifty index surged over 700 points (1.3%), reclaiming the 55,400 mark after the RBI’s monetary policy announcement boosted market sentiment. The RBI kept the repo rate unchanged at 5.5%, signaling policy stability and optimism on growth. It also raised FY26 GDP growth estimates to 6.8%, while downplaying inflation risks. Measures easing lending norms for banks and NBFCs further lifted investor confidence. Major banking heavyweights —

KOTAKBANK
(3.54%) ,
AXISBANK
(2.47%) ,
ICICIBANK
(1.78%), and
HDFCBANK
(1.5%) — surged up to 3.54%, powering today’s rally. The strong rebound highlights renewed faith in India’s financial sector and robust economic outlook. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

#WatchOutFor#StockInNews#Post-ClosingCommentary
510 likes·46 comments