Bank Stocks Outlook
Bank stocks seen continuing downtrend next week
This story was originally published at 20:43 IST on 22 August 2025
Register to read our real-time news.Informist, Friday, Aug. 22, 2025
MUMBAI – Nifty Bank may continue its downward trend next week as market participants brace for the impact of US tariffs on Indian goods exports, analysts said. However, commentary from Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium, which hinted at softer monetary policy going ahead, may support the shares, they said.
"Investors were cautious before the US Fed Chair's speech at Jackson Hole, which may give clues about money flow and future interest rates. However, robust domestic cues lend support, with PMI touching a record high and proposed indirect tax reliefs likely to spur consumption, highlighting India's economic resilience," Bajaj Broking said in a note.
After falling 0.3% from the previous week, the Nifty Bank index closed Friday at 55149.4 points, with all its constituents ending in the red. Punjab National Bank led the losses on Friday, falling 1.8%.
In its technical view, Kotak Securities said, "For Bank Nifty, the short-term trend remains weak, but a fresh sell-off is possible only if the support zone at 54,900 is broken. Below this, it could decline to 54,500-54,200. On the upside, if the index sustains above the 20-day SMA (simple moving average) or 55,700, it could rally towards the 50-day SMA at 56,500 and then further to 56,800."
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Following are the resistance and support levels for the stocks for next week as per calculations by Informist based on their prices on the National Stock Exchange:
| Company | Price | Week-on-Week Change in % | Resistance | Support |
| AU Small Finance Bank | 742.05 | (-)1.10 | 767.70 | 726.80 |
| Axis Bank | 1070.90 | 0.30 | 1082.00 | 1064.00 |
| Bank of Baroda | 240.23 | (-)1.10 | 246.20 | 237.00 |
| Canara Bank | 109.93 | 0.60 | 112.50 | 108.50 |
| Federal Bank | 196.34 | 0.30 | 200.70 | 193.80 |
| HDFC Bank | 1964.60 | (-)1.30 | 2011.50 | 1933.70 |
| ICICI Bank | 1436.40 | 0.60 | 1453.90 | 1420.70 |
| IDFC FIRST Bank | 69.68 | 1.30 | 70.80 | 68.90 |
| IndusInd Bank | 760.10 | (-)1.30 | 777.80 | 749.90 |
| Kotak Mahindra Bank | 1986.60 | 0.40 | 2033.50 | 1956.70 |
| Punjab National Bank | 105.29 | (-)0.90 | 108.60 | 103.50 |
| State Bank of India | 816.25 | (-)1.30 | 829.60 | 809.00 |
| Nifty Bank | 55149.40 | (-)0.40 | 55974.70 | 54689.90 |
| Nifty 50 | 24870.10 | 1.00 | 25163.70 | 24712.30 |
| S&P BSE Sensex | 81306.85 | 0.90 | 82232.60 | 80828.90 |
End
US$1 = INR 87.53
Reported by Kabir Sharma
Edited by Akul Nishant Akhoury
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