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Informist, Friday, Jan. 16, 2026

MUMBAI – The earnings of major banks such as HDFC Bank and ICICI Bank which are scheduled on Saturday will dictate the direction of the Nifty Bank index next week, analysts said. HDFC Bank, the country's largest private-sector bank, is seen reporting a 10% year-on-year rise in net profit for the December quarter to INR 183.96 billion, based on the average of estimates from 13 brokerage firms.

ICICI Bank is expected to report a 5.3% rise in its standalone net profit for the December quarter to INR 124.16 billion, according to the average of the estimates of 12 brokerages.

The Nifty Bank index Friday settled at 60095.15 points, up 1.4% from the previous week. Canara Bank and IndusInd Bank were the biggest gainers in the index this week, while IDFC First Bank and Kotak Mahindra Bank were the biggest losers. 

In its technical view, Kotak Securities said, "for Bank Nifty, as long as it is trading above the 20-day SMA at 59,500, the uptrend is likely to continue. On the higher side, it could move up to 60,500. Further upside potential may lift the index up to 60,800. Conversely, if it falls below the 20-day SMA at 59,500, the uptrend would become vulnerable."

TOP HEADLINES

* LIC sells 2.01% stake in ICICI Bank via market sale, holding now at 4.73%

* Earnings Review: South Indian Bank's Q3 PAT up 9.5% YoY; provisions rise 22%

* Earnings Outlook:Provision reversal, Canara HSBC stake sale to boost PNB PAT

* Earnings Outlook: Federal Bank Q3 PAT likely to rise despite margin pressure

* Earnings Outlook: YES Bank Q3 net profit seen up on low cost of funds

* Earnings Outlook:HDFC Bk PAT growth seen steady; deposits, slippage in focus

* Analyst Concall: Indian Overseas Bk plans to raise INR 40 bln via QIP in Q4

* Indian Overseas Bk MD says will be hard to cut govt stake to 75% by Aug 1

* Analyst Concall: Union Bank expects NIM to improve Q4 on repriced deposits

* Data Alert: Bank loan growth rises to 18-month high of 14.5% as of Dec 31

* Earnings Review: Union BK Q3 PAT beats estimates as provisions fall sharply

* Earnings Review: Indian Overseas Bank Q3 PAT jumps YoY on sharply lower tax

* NBCC India gets order worth INR 550.2 mln in Raipur from Indian Overseas Bk

* Union Bank of India's credit growth to pick up by end-Mar, says MD Pandey

* Earnings Outlook: ICICI Bank Q3 PAT seen up 5% despite rise in provisions

* RBI floats discussion paper on whether to resume licensing urban co-op banks

* Bank of Maharashtra keeps FY26 NIM guidance at 3.75% even as Q3 margin higher

* Earnings Review: Bank of Maharashtra Q3 PAT above view on lower provisions

* Kotak Mahindra Bank board to consider Oct-Dec earnings, fundraising Jan 24

* NCLT admits Bank of India's insolvency plea against Aman Hospitality

* HC refuses to stay Union Bank notice to Anil Ambani's son in acct fraud case

* Data Alert: Banks' loan growth at 18-month high of 14.5% as of Dec 31

* Bank of Baroda gets RBI OK to transfer PD ops to new wholly owned subsidiary

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

Reported by Kabir Sharma

Edited by Ashish Shirke

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