Market move● Neutral for Indian equities
Bank Stocks Are Haunted by the Ghosts of 2023
The brief
- Lenders face a new rate-hiking cycle but have stronger balance sheets than in 2023
- Here's why HDFC Bank shares fell over 2% today despite optimism over appointment of new CEO
- Brokerages yet to revise price targets on HDFC Bank despite CEO appointment
- HDFC Bank Reset: Rajiv Kumar Board Sets Stage For Wider Shake-Up
- Banks flag KCC renewal risks amid deficient monsoon
- HDFC Bank to PNB: Motilal Oswal rates 6 banks ‘Buy’ as Q2 business updates roll in