Kotak Bank Surges Over 4% on Strong Q1FY26 Update | 8 July 2025

On early trade today,

rallied over 4%, hitting a two-month high after its provisional Q1FY26 results. The bank reported a 12.9% YoY rise in total deposits to ₹4.92 lakh crore, while CASA grew 4.2% and net advances jumped 14% to ₹4.45 lakh crore. The strong numbers boosted sentiment across the banking sector. Powered by Kotak’s rally, Bank Nifty surged over 250 points, trading above key resistance levels till 10:40 AM. The stock’s performance acted as a major support to the broader market momentum. Disclaimer: This post is intended solely for informational purposes and should not be construed as a recommendation to buy, sell, or hold any security. Investors/Traders are advised to consult their certified financial advisor before making any investment decisions.