Banking Sector

The Sensex gained 745 points and the Nifty rose 1.13% on October 9, 2026, as TCS earnings lifted IT stocks and buying spread to banking, financial services and FMCG shares. Lower crude prices and a fall in India VIX supported sentiment, while global risks remained.

The Indian stock market is under pressure as geopolitical tensions, rising crude oil prices, higher US Treasury yields, rupee weakness and foreign investor selling trigger a broad-based sell-off in Nifty and Sensex.

Nifty Today: Indian markets faced heavy selling pressure as Nifty fell 370 points, crude oil surged above $105 and India VIX jumped 25%. US bond yields and geopolitical tensions added to market volatility.

Yes Bank shares rose 1.78% to ₹23.48 after Citi highlighted potential benefits from the new UPI MDR structure, including a possible 6–12% boost to the bank’s profit before tax.

HDFC Bank shares gained over 2% after the bank submitted two candidates to the RBI for its next MD & CEO. Nomura retained its Buy rating and ₹950 target, while the leadership transition remains a key trigger for the stock.

Indian benchmark indices ended higher on September 10, 2026, snapping a three-session losing streak. Nifty and Sensex gained 0.20% and 0.19%, respectively, led by banking and financial stocks, while crude oil above $100, rupee weakness and pressure in auto and metal stocks kept gains limited.

IFCI and New India Assurance shares surged amid reports of a potential NSE IPO this month. Here's how their NSE-linked holdings could benefit from a possible listing.

Indian markets ended lower on Thursday, with the Nifty 50 falling 41 points and the Sensex declining 417 points amid sharp expiry-day volatility. Banking stocks gained after the RBI reported $136.38 billion in foreign currency inflows, while Solar Industries rallied on acquisition buzz.

Indian benchmark indices ended marginally lower on September 1, 2026, extending losses for a second consecutive session. The Nifty 50 fell 0.10% to 24,055.80, while the Sensex declined 0.02% to 76,944.28. Renewed US-Iran tensions and Brent crude crossing $91 a barrel pressured banking, auto, realty and pharma stocks, while gains in ITC, IT and telecom counters capped the downside.

HDFC Bank shares hit a fresh 52-week low for the fourth consecutive session, with the stock facing sustained pressure from CEO succession uncertainty, post-merger challenges, NIM compression, slower growth, governance concerns and a US class-action lawsuit.