🔻 Kotak Bank under pressure: What’s next for investors?
KOTAKBANK
Kotak Bank plunged over 7% today, breaking key support zones with heavy volumes post disappointing earnings. With RSI deep in oversold territory, a near-term bounce is possible — but caution is warranted
📉 Short-Term Technical View
Price fell sharply below 2000 support; next demand zone: ₹1920–₹1890
RSI at 26 — extremely oversold (last seen during 2020 crash)
Gap-down on volume surge = short-term sentiment negative
Watch ₹1,920 for reversal signals; bounce likely, but weak structure overall
📊 Fundamental Snapshot (Q1 FY26)
NII: ₹6,626 Cr (flat YoY) | PAT: ₹2,272 Cr (↓11% YoY)
NIM compression: 5.22% → 5.08% QoQ
Loan growth muted vs peers
Management commentary cautious on NIM outlook
📌 Conclusion:
Kotak Bank is seeing a sentiment shake-up after weak Q1. Short-term trend is bearish, but oversold RSI might trigger a technical rebound. Long-term investors should wait for clarity on earnings revival and price stabilization