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Informist, Friday, Oct. 24, 2025

MUMBAI – The Nifty Bank's momentum next week is expected to be dictated by a slew of earnings, including Kotak Mahindra Bank on Saturday, analysts said. "Markets on Monday would react to the quarterly result of banking heavyweight Kotak Mahindra Bank, to be announced over the weekend. Overall, we expect Indian equities to remain rangebound, tracking global cues, upcoming Q2 (Jul-Sept) results and macro-economic data. FII (foreign institutional investor) inflows and upbeat management commentary could help sustain positive market momentum, though intermittent profit booking cannot be ruled out. Meanwhile, any progress on the India-US trade deal front could further uplift investor sentiments," Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd. said. 

The Nifty Bank index rose 0.3% in a festival-truncated week and closed at 57699.60 points on Friday, with all but one of its constituents ending in the red. ICICI Bank shares, which rose 1%, were the sole gainer on Friday. On the other hand, Kotak Mahindra Bank fell the most before its earnings, ending 1.7% lower. 

The country's fourth-largest private-sector bank is seen posting a net profit of INR 33.38 billion for the September quarter, broadly unchanged from the year-ago quarter, according to the average of estimates from 10 brokerage firms. The lender's bottom line is expected to rise nearly 2% sequentially. 

Investors remain watchful of developments in the India-US trade negotiations, as both sides edge closer to finalising a deal, analysts said. Global market sentiment will largely hinge on key interest rate decisions from the US Federal Reserve and European Central Bank by next week, which are expected to influence market direction in the near term, they said. 

"Bank Nifty on the weekly chart has formed a high wave candle with a higher high and higher low signalling consolidation amid stock-specific action after the recent sharp up move," Bajaj Broking Research said. "Going forward, the index is expected to consolidate with positive bias, with immediate supports placed at 57,300-57500 levels being the last week's breakout area and a stronger demand zone is seen near 56,800-56,500 levels."

TOP HEADLINES

* Earnings Review: SBI Life PAT down on investment loss; net premium income up

* Earnings Review: Aditya Birla AMC Q2 PAT, sales in line with Street view

* Federal Bk board OKs INR-61.97-bln pref issue to Blackstone-linked investor

* FSIB again invites applications for position of Canara Bank MD, CEO

* Govt, Kotak Mahindra Bank ink pact to provide banking solutions to startups

* Earnings Outlook: Shriram Fin Q2 AUM rise healthy but PAT seen up only a tad

* SEBI moots new MF folio invests only after KYC registration agency go-ahead

* Earnings Outlook: Moderating NIM seen limiting Kotak Mahindra Bank's Q2 PAT

* Choice Intl adds INR 6.35 billion in AUM via acquisitions, mergers

* Earnings Outlook:Aditya Birla AMC Q2 PAT growth seen flat YoY, sales seen up

* CCI approves Westbridge Capital cos buying stake in Edelweiss Trustee, AMC

* PRESS: Federal Bank to roll out preferential issue for almost 10% stake

* BNP Paribas buys 2% stake in RBL Bank for INR 3.87 bln via bulk deal on NSE

* RBI approves appointment of Neeraj Gambhir as executive director of Axis Bk

* PNB may look to raise around INR 40 bln by March, says ED Surendran

* Average returns of all mutual fund categories in week ended Oct 17

* Top, worst performing schemes in MF categories in week ended Oct 17

* Earnings Outlook: Healthy NII growth, NIM rise to boost SBI Cards' Q2 PAT

* Motilal Oswal Fincl incorporates asset management arm in GIFT City's IFSCA

* Bharat Dynamics-PTC Ind JV to manufacture propulsion systems for missiles

* Emirates NBD Bank to buy 26% stake in RBL Bk for INR 280/shr via open offer

* Earnings Review: Can Fin Homes' Q2 PAT beats view on higher interest income

* RBL Bank hopes to get first tranche of funds from Emirates NBD Bk in 5-8 mos

* Analyst Concall: IDFC FIRST Bank aims to mobilise deposits to fix CD ratio

* YES Bank to transfer retail demat undertaking to arm for INR 6.48 mln

* Analyst Concall: HDFC Bk says one-time upgrade pulled gross NPA dn 10 bps Q2

* Analyst Concall:Focussed on improving CASA ratio, retail book, says ICICI Bk

* Earnings Review:IDFC FIRST Bk Q2 PAT jumps YoY on low base, lower provisions

* Analyst Concall: YES Bk to meet 1% return-on-asset aim FY27 on NIM expansion

* Analyst Concall: Set staff accountability post recent woes, says IndusInd Bk

* Earnings Review: RBL Bank PAT down 5th qtr in a row as treasury losses weigh

* Analyst Concall: One-time upgrade pulled dn gross NPA by 10 bps Q2 - HDFC Bk

* RBL Bank board OKs selling 60% stake to Emirates NBD Bank for INR 268.50 bln

* HDFC Bk sees tailwind for NIM persisting 2-4 qtrs while deposits are repriced

* Analyst Concall: PNB aims to up retail, farm, MSME share in loan book to 60%

* Earnings Review: J&K Bank PAT down YoY as other income falls, expenses rise

* ICICI Bk sees no material impact on profit, capital from RBI draft ECL norms

* Earnings Review: In line with view, ICICI Bank PAT rises humbly as ops grow

* IndusInd Bk to focus on retail segment to boost growth, cautious on microfin

* Earnings Review: UTI AMC PAT dn on sharp fall in net gain on fair value

* Earnings Review: PNB PAT up 14% on lower tax outgo despite higher provisions

* Earnings Review: Treasury income helps HDFC Bank beat Street's estimate

* New ECL norms impact on capital to risk weight ratio around 15 bps, says PNB

* Earnings Review: IndusInd Bank reverts to loss in Q2 against hopes of profit

* Earnings Review:IDBI Bank PAT doubles as other income rises, provisions fall

* Earnings Review: YES Bank Q2 PAT rises 18% on yr but misses Street estimates

* Analyst Concall: Don't see much impact from RBI draft ECL norms - Federal Bk

* Federal Bank expects credit growth of 10-12% in second half of FY26

* Federal Bank board to Friday mull various options to raise funds

* Earnings Review: Provisions hit Federal Bank Q2 PAT but fall lower than view

* Gold rally continuing on festive demand, record ETF inflows, says WGC

* Choice International inks MoU to acquire 51% stake in Fintoo Wealth

* Earnings Outlook: RBL Bank's PAT seen down 5th straight qtr, may decline 6%

* REC arm sells 2 subsidiaries for INR 283.3 mln

* Fino Payments Bank reappoints Rishi Gupta as MD, CEO for 3 years

* Rail Vikas lowest bidder for South Central Railway's INR-1.44-bln project

* Analyst Concall: No word from govt on PSU bks' merger, says Bank of India MD

* Analyst Concall: AU Small Fin Bank sees microfin loan book growing from Q3

* UCO Bank expects to maintain 2.9% NIM in coming quarters

* Earnings Review: Piramal Fin Q2 consol PAT doubles after holding co merger

* Earnings Review: REC Jul-Sept PAT up 11% on healthy interest, fee income

* Earnings Review: Crisil Jul-Sept consol PAT rises on research, analytics ops

* Earnings Review: Jana Small Fin Bank's net profit falls on rise in expenses

* Earnings Review: Modest rise in Bk of India's Q2 PAT on muted income growth

* Earnings Review: Poonawalla Fincorp posts profit vs loss yr ago; misses view

* Earnings Outlook: UTI AMC net profit seen down on fall in other income

* Bank of India expects NIMs to improve from Q4, says MD Karnatak

* Assets under management of top 10 debt funds as on Sept 30

* Earnings Review: DCB Bank Jul-Sept net profit above view on higher income

* Earnings Outlook: Higher loan rate to lift Can Fin Homes PAT; NIM seen down

* Earnings Review: Fall in provisions, tax sees Central Bank's PAT rise 33%

* IPO Alert: Canara HSBC Life ends 5% over issue price on listing day

* Earnings Outlook: IndusInd Bk Q2 PAT may halve, accounting woes still haunt

* Earnings Review: Karur Vysya Bank PAT soundly beats Street view on NII gains

* Piramal Finance Jul-Sept consol PAT doubles on year

* Data Alert:Bank loans up 11.4% on yr in fortnight to Oct 3, deposits up 9.9%

* Poonawalla Fincorp posts INR 742-mln consol PAT in Jul-Sept vs loss year ago

* Earnings Review: AU Small Fin Bank's net profit falls for 1st time in 6 qtrs

* Piramal Finance expects its shares to be listed on exchanges by early Nov

* Earnings Review: Ujjivan Small Fin Bk PAT falls 48% on surge in provisions

* 360 ONE WAM Jul-Sept consol PAT rises 28.5% on year to INR 3.15 billion

* Earnings Outlook: YES Bank Q2 PAT seen up on recoveries, lower provisions

* Earnings Review: Low NPA provisions, high interest income lift UCO Bank PAT

* Muthoot Fin settles $150 mln notes under global medium-term note programme

Following are the resistance and support levels for key bank stocks for next week as per calculations based on their prices on the National Stock Exchange:

End

US$1 = INR 87.85

Reported by Kabir Sharma

Edited by Saji George Titus

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