Tuesday, 6 October 2026Updated 16m ago
← Market pulse
Market move▲ Bullish for Indian equities

Private bank stocks rally up to 4% day ahead of RBI MPC Oct meet outcome

1 source · first seen 10:39 6 Oct · updated 10:39 6 Oct

The brief

Written from 1 report · check the source before you trade
  • Nifty Private Bank index advanced over 1% on Tuesday
  • Bank Nifty rose 0.6% and Nifty PSU Bank index gained 0.3% ahead of the RBI MPC outcome
  • RBI rate expectations can move Indian private- and public-sector bank stocks

Tags on this story

Pick a tag to see all its stories
Private banks34 todayPSU banks8 todayRBI56 todayRepo rate33 todayBanks77 today

Linked by the tag PSU banks

44 stories this week
  1. 5 OctPSU banks in focus; Bank of India, PNB, Indian Bank, IOB rally up to 4%Market move · 1 source · Nifty PSU Bank index gained 2%, versus a 0.44% rise in the Nifty 50 at 10:23 AM Monday
  2. 5 OctQ2 Update Impact: Bank of India, PNB Share Price Jumps Up To 4.5%Results · 2 sources · Bank of India’s global business grew 21.07% year on year; PNB’s rose 11.95%
  3. 3 OctBank of India Q2 Update: Global Business Nears Rs 19 Lakh Crore, Advances Up 20%Results · 2 sources · Bank of India’s global business rose 21% year-on-year to Rs 18.9 lakh crore
  4. 1 OctCanara Bank Q2 Update: Advances grow faster than deposits, global business up 16%Results · 3 sources · Domestic advances rose 16.8% year-on-year in Q2
  5. 1 OctIndian Bank may waive 0.28% MDR on UPI transactionsPolicy · 2 sources · Indian Bank is considering waiving the 0.28% MDR on UPI transactions
All PSU banks stories →

Read the reports

1 report · earliest 10:39
Business StandardPrivate bank stocks rally up to 4% day ahead of RBI MPC Oct meet outcome10:39