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Informist, Friday, Oct. 31, 2025

By Kabir Sharma

MUMBAI – The Nifty Bank index is expected to rise in the coming week following reports of an increase in the foreign direct investment limit in banks, analysts said. "State-run banks outperformed, with the Nifty PSU Bank index rising 1.8%. Buying interest persisted following reports earlier this week suggesting that the government is considering to allow up to 49% FDI in public sector banks, more than double the current 20% cap," Siddhartha Khemka, head of research, wealth management, Motilal Oswal Financial Services Ltd. said.

The Nifty Bank index rose 0.1% this week and closed at 57776.35 points on Friday, with its constituents ending mixed. Bank of Baroda, which reported an over 8% on-year fall in its net profit at INR 48.09 billion in the September quarter ended the day 2.1% higher. Canara Bank was the top gainer, with shares rising 3.1%. Kotak Mahindra Bank's shares were the top losers, falling 1.6% on Friday on the National Stock Exchange. 

Market participants look forward to the earnings of State Bank of India on Tuesday. The largest bank in the country is expected to report a 1% on-year fall in its net profit at INR 180.39 billion, according to an average of estimates from 11 brokerages. Sequentially, the fall is expected to be steeper, with brokerages expecting a 6% fall in bottom line from the June quarter. 

In its technical view, Kotak Securities said, "For Bank Nifty, the double bottom support is placed near 57,500. If it sustains above this level, it could retest 58,500. Further upside may continue, lifting the index to 58,800. On the other hand, if it falls below 57,500, it could decline to 57,000–56,800."
 

TOP HEADLINES

* Earnings Review: Equitas Small Fin Bk Q2 PAT surges on low base; loss in H1

* Analyst Concall: Shaky equity mkt Q2 hurt broking mkt share - Motilal Oswal

* Earnings Review: Sammaan Capital reports consol PAT in Q2 vs loss year ago

* Earnings Review: Healthy growth in AUM, NII boosts Shriram Fin's net profit

* Aptus Value Housing Fin Q2 consol PAT rises 24.5% on yr to INR 2.27 billion

* Earnings Review: Sammaan Capital reports consol PAT vs loss year ago

* Earnings Outlook:NIM pressure, weak treasury income to weigh on Bk of Baroda

* One97 Comm completes stake buys in Paytm Intelligence, Paytm Life Insurance

* ICRA assigns AA+ rtg to Canara Bank's Basel III Tier I bonds; outlook stable

* Canara Bank mgmt says may top credit growth guidance in FY26, grow 13% in Q3

* Earnings Review: Derecognition of fincl instrument gains lifts IIFL Fin PAT

* Data Alert: Bank loans growth rises to 8-month high of 11.5% as of Oct 17

* Foreign investors keen on India's pension sector, says PFRDA head Ramann

* Analyst Concall: LIC Housing Fin expects NIM to improve slightly in H2 FY26

* Earnings Review: Nippon Life India AMC net profit falls in Q2 but beats view

* Analyst Concall: Aditya Birla Capital expects NIM to improve from Jan-Mar

* Earnings Review: Motilal Oswal Q2 PAT plunges 68% on year as revenue dips

* Analyst Concall: Canara Bk aims for MSME loan growth of 15% by FY26 end: MD

* WGC to roll out framework in 3-6 mo to use gold ETF holding to buy jewellery

* Earnings Review: Bandhan Bank Q2 PAT falls most in 6 quarters, misses view

* Earnings Review: Fall in interest income drags Manappuram Fin PAT 61% YoY

* Analyst Concall: Union Bank expects NIM to stabilise in Q3, improve from Jan

* IIFL Finance posts INR 3.76 billion consol PAT in Jul-Sept vs loss yr ago

* Manappuram Fin Jul-Sept consol PAT falls 61% on year as revenue declines 13%

* Earnings Review: Aditya Birla Capital's Q2 PAT dn 15% as total expenses rise

* Nippon Life AMC Jul-Sept consol PAT falls 4.3% YoY to INR 3.45 billion

* Will raise around INR 200 bln more via NCDs in FY26, says LIC Housing mgmt

* Union Bank of India aims to up credit growth to 8-10% Oct-Mar - MD Pandey

* India's general insurance companies want govt to mandate catastrophe cover

* Earnings Review: Jump in other income boosts Canara Bk's Q2 PAT, up 19% YoY

* Earnings Review: Union Bk PAT dn 10% YoY on fall in investment, other income

* Life insurers say GST rate cut alone not sufficient to improve penetration

* Affordability, digital infra next step for insurance sector, says IRDAI head

* HDFC Bank reappoints Kaizad Bharucha as deputy MD for 3 years

* Earnings Outlook: Aditya Birla Cap's PAT seen down on surge in provisions

* Analyst Concall: PB Fintech sees uptick in insurance business after GST cut

* Earnings Outlook: Nippon Life AMC to report decline in PAT, rise in revenue

* Earnings Review: LIC Housing's Q2 PAT up only 2% on year as provisions jump

* Capri Global Capital Jul-Sept PAT rises over twofold YoY to INR 2.12 bln

* Aditya Birla Capital invests INR 3.82 bln in arm Aditya Birla Sun Life

* Earnings Review: Fino Payments Bank's Q2 PAT down on fall in other income

* Earnings Review:Capital Small Fin Bk PAT sluggish as expenses outpace income

* Earnings Review:PB Fintech consol PAT nearly triples on strong insurance ops

* Foreign banks looking to create niche amid changing consumer preference

* Earnings Review: Dhanlaxmi Bank Q2 PAT falls over 10% YoY to INR 232 mln

* Bk of India to raise upto INR 50 bln via Basel III compliant debt by Dec: MD

* HUDCO signs MoUs with Sagarmala Fin Corp, Syama Prasad Mookerjee Port

* Earnings Review:Rise in interest income lifts Five-Star Business Finance PAT

* Five-Star Business Jul-Sept PAT rises 6.8% YoY to INR 2.86 billion

* Will discuss guardrails of merger financing draft norms with RBI - SBI Setty

* There is case for further consolidation of PSU banks, says banking secy

* RBI notifies norms for banks on nomination facility in deposit accounts

* Earnings Outlook: Steady asset quality to help City Union Bk log Q2 PAT rise

* Computer Age Management's Jul-Sep PAT falls 3.7% YoY to INR 1.11 billion

* Jomei Investments exits Aditya Birla Capital; sells 2% stake via block deals

* Higher NII boosts Tata Capital's Jul-Sept PAT on year; AUM up 22% YoY

* Analyst Concall: M&M Financial's used vehicle book to be impacted by GST cut

* Banks can't be summoned as accused for offence of defamation, says Delhi HC

* Earnings Review: Surge in impairment costs drags CreditAccess Q2 PAT down

* Earnings Outlook: Contraction in NIM to weigh on Union Bank's Jul-Sept PAT

* Earnings Review: Star Health PAT halves in Q2, underwriting loss widens YoY

* Sundram Fasteners Jul-Sep PAT rises 7.4% YoY to INR 1.4 billion

* TVS Holdings Jul-Sept consol PAT rises almost 60% YoY to INR 4.43 billion

* Earnings Outlook: Bandhan Bk Q2 PAT to fall as growth slows, provisions rise

* Earnings Review: M&M Fincl Q2 PAT up 54% on year, beats Street view

* Tamilnad Mercantile Bank sees advances growing 15%, NIM at 3.85% by FY26-end

* Trading resumes on MCX after being disrupted due to technical issue

* Earnings Outlook: LIC Housing Q2 PAT steady; loan growth to offset lower NIM

* Earnings Outlook:Analysts divided over Equitas Small Fin Bk's Q2 bottom line

* RBI returns Jana Small Fin Bk's application to transition to universal bank

* Adu Dhabi Investment arm converts pref shares in IDFC FIRST Bank to 5% stake

* KFin Technologies Jul-Sept PAT rises 7% YoY to INR 910.83 million

* Earnings Review: Tamilnad Bk in black as provisions dn for 3rd straight qtr

* Earnings Review: Tamilnad Bk in black as provisions dip for 3rd straight qtr

* Earnings Outlook: Record high gold prices likely to boost Muthoot Fin Q2 PAT

* Earnings Review: PNB Housing consol PAT tops view on provision write-back

* Earnings Outlook: Star Health Q2 PAT seen down on sluggish business growth

* Rail Vikas lowest bidder for INR 1.66-bln North Eastern Railway project

* VFS Capital withdraws application for small finance bank license, says RBI

* PRESS: Govt may increase FDI limit in PSU banks to 49% from 20%

* Tata Investment Jul-Sept PAT rises 21.6% YoY to INR 1.2 billion

* Top, worst performing schemes in MF categories in week ended Oct 24

* Average returns of all mutual fund categories in week ended Oct 24

* SC notice to CBI on former Dewan Housing heads' bail pleas in bk fraud case

* Earnings Outlook: Five-Star Q2 PAT seen marginally up on low loan growth

* MCX launches options contract on bullion index MCX BULLDEX

* Earnings Outlook: M&M Fincl Q2 PAT seen up 44% YoY on higher NIM, low base

* Analyst Concall: Kotak Bank sees microfin loan growth improving going ahead

* Kotak Mahindra Bank expects credit cost to gradually moderate in Oct-Mar

* RBI OKs reappointment of CS Rajan as Kotak Mahindra Bk's part-time chairman

* Earnings Outlook:Canara Bk PAT seen muted on fall in treasury income, margin

* Earnings Outlook: PNB Housing's consol PAT seen up on strong disbursements

* Earnings Review: Kotak Mahindra Bk's provisions jump but Q2 PAT only tad dn

* HUDCO, Jawaharlal Nehru Port Authority sign MoU for infrastructure projects

* RBI moots bank's mkt, acquisition finance exposure at 20% of tier-1 capital

* Analyst Concall: SBI Life sees total GST impact of 80 bps on margin in H1

* Analyst Concall: SBI Cards sees credit cost fall below 9% in upcoming qtrs

* RBI moots 50-75% risk weights for NBFC loans to high-quality infra projects

* Govt appoints Hitesh Ramesh Chandra Joshi as interim CMD of GIC

* Earnings Review: SBI Cards PAT rises for 1st time in 5 quarters; misses view

* Crisil upgrades Authum Investment's long-term rating to 'A' from 'A-'

* Earnings Outlook: CreditAccess Grameen Q2 PAT seen halving on low AUM growth

* RBI exempts SWAMIH Investment Fund-I from investment in AIF norms

* 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

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

Edited by Avishek Dutta

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