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Informist, Friday, Feb. 13, 2026

MUMBAI – The Nifty Bank index is expected to consolidate next week and trade in a narrow band, continuing its muted trend from this week. Market participants will look for fresh cues now that most of the major bank earnings are out.  

"The broader bullish structure remains intact as long as the index sustains above 59,700. RSI (relative strength index) around 54 is flattening, suggesting momentum is cooling," Vatsal Bhuva, technical analyst at LKP Securities, said in a note. "Resistance is placed near 60,800–61,000."

The Nifty Bank Friday settled at 60186.65 points, up 0.1% from the previous week. State Bank of India and IndusInd Bank were the top gainers in the index this week, while IDFC FIRST Bank and HDFC Bank were the top losers. On Feb. 7, State Bank of India, the country's largest lender, reported a profit after tax of INR 210.28 billion in the reporting quarter, up 4.3% sequentially and over 24% on year.

"For Bank Nifty, as long as it is trading below 60,500, weak sentiment is likely to persist," Amol Athawale, VP technical research at Kotak Securities, said. "On the downside, it could slip to the 50-day SMA (simple moving average), around 59,500–59,200. On the upside, above 60,500, it could move up to 61,000–61,300." 

TOP HEADLINES

* RBI issues draft norms for Lead Bank Scheme overhaul, seeks comments by Mar 6
* Shriram Fin OKs appointment of MUFG Bank nominees as directors to its board
* SC says spectrum of telecom companies cannot be transferred in IBC cases
* RBI OKs reappointment of Sanjay Agarwal as AU Small Finance Bank MD, CEO
* PFC, REC say adequate headroom for borrowing for merged entity
* Analysts Concall: Muthoot Fin to see good growth for gold loan business
* Earnings Review: Muthoot Fin Q3 PAT nearly doubles on strong business
* Fitch affirms HUDCO's long-term rating at BBB-, outlook stable
* RBI moots longer kisan credit card tenure, flexible limit in revised scheme
* Analyst Concall: Max Fincl focusing on key distribution partners for growth
* RBI OKs ICICI Pru AMC, ICICI Bank group cos to up stake in HDFC Bank to 9.95%
* IPO Alert: AYE Finance fails to get fully subscribed as of final day
* RBI OKs ICICI Pru AMC, ICICI Bk group cos buying up to 9.95% in multiple bks
* Banking secy bats for better insurance, pension cover in fincl inclusion 2.0
* RBI issues draft norms for sales of fincl products, svcs to curb mis-selling
* Earnings Review: Max Fincl PAT down 35% on year as expenses outpace revenues
* RBI allows ICICI Pru AMC, group cos to buy up to 9.95% stake in Federal Bank
* RBI OKs ICICI Pru AMC, group cos' 9.95% stake buy in Equitas Small Fin Bank
* Godrej Ind Oct-Dec consol PAT rises 8.7% YoY to INR 2.05 billion
* Edelweiss Fincl, arms to sell 45% in subsidiary Nido Home for INR 21 bln
* IPO Alert: AYE Finance demand tepid even on Day 2, subscribed 16%
* Earnings Review: Karnataka Bank Q3 PAT up 2.5% despite rise in provisions
* Category-wise net assets under management of MF industry as on Jan 31
* Category-wise net flows of mutual fund industry in January
* Category-wise folios of mutual fund industry as of Jan 31
* RBI seeks feedback on draft NBFC registration, exemption norms by Mar 4
* Authum Investment Oct-Dec PAT falls 69% YoY, sales fall 28%
* RBI proposes to up limit on unsecured loans by urban co-op banks to 20%
* National Investment and Infra Fund corpus at INR 332.49 bln as on Dec-end
* Govt says Indian banks held INR 702 bln unclaimed deposits as on Jan 28
* Earnings Review: Edelweiss Fincl Q3 PAT doubles despite interest income fall
* IRDAI renews insurance broking licence of One 97 Comm arm Paytm Insurance
* CreditAccess seeks new partners to give exit option to long-term investors
* Analyst Concall: BSE does not see STT hike impact on Sensex futures
* Earnings Outlook: Rising gold prices to boost Muthoot Fin Q3 revenue, profit
* IPO Alert: AYE Finance IPO subscribed 12% on first day
* Earnings Review: BSE Q3 PAT, revenue up on qtr, PAT misses View
* Top, worst performing schemes in MF categories in week ended Feb 6
* Average returns of all mutual fund categories in week ended Feb 6
* HUDCO board to Friday mull issue of tier-I, II bonds to raise INR 15 bln
* RBI approves appointment of R Vijay Anandh as MD, CEO of City Union Bank
* Bk of Baroda says multiple bank unions to go on strike Thu on various issues
* Fitch Ratings affirms Tata Capital's 'BBB-' rating; outlook stable
* SC asks DoT, RBI to create compensation framework for digital arrest cases
* Earnings Review: Cholamandalam Fincl Q3 PAT up YOY on growth in total income
* Short-Term Debt: Indian Bank raises INR 31 bln via 3-month CD at 7.04%
* PSU bks earned INR 48 bln FY25 from penalty, svc charges on customers - govt
* Data Alert: Life insurers' first-year premium income rises 22% on yr in Jan
* Global gold ETF inflows rise $19 bln Jan; AUM, holdings at record high - WGC
* Data Alert: Life insurers' 1st year premium income rises 22% YoY in Jan
* India's GDP to grow 6.4% in FY27, banks' loan growth seen 11-13% - Moody's
* Data Alert: Gross premium of non-life insurance cos rises 15% YoY in Jan
* PRESS: HUDCO mulls raising $2-bln foreign debt to fund urban infra projects
* Analyst Concall: Enough liquidity, capital to sustain 15% loan growth - SBI
* SBI credit growth guidance revised upwards to 14-15%, says Chairman Setty
* SBI flags shift of savings to mkts, says deposits remain core funding source
* Earnings Review: SBI Q3 PAT beats Street view on surge in other income
* Have not submitted official bid for stake in IDBI Bank - Kotak Mahindra Bank
* Compilation of stories on RBI monetary policy
* IPO Alert: Aye Finance raises INR 4.54 billion from anchor investors
* Govt receives financial bids for divestment in IDBI Bank, says divest secy
* DICGC asks banks to implement risk-based premium deposit insurance framework
* Govt received financial bids for divestment in IDBI Bank, says divest secy
* RBI grants online payment aggregator licence to PB Fintech arm PB Pay
* Earnings Review: Jana Small Fin Bk's Q3 PAT plummets on rise in provisions
* RBI moots allowing NBFCs to open branches without its prior approval
* RBI Policy: Comfortable with bank gold loan levels, reviewing all portfolios
* After Budget announcement, PFC board OKs merger with REC
* RBI Policy: To issue guidelines on advertising, sale of financial products
* RBI Policy: To manage govt's FY27 borrow plan efficiently, say RBI officials
* Bank of Baroda gets RBI OK to set up, infuse INR 20 bln in wholly-owned PD
* RBI Policy:Plans framework to compensate customers hit by small-ticket fraud
 

The 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 Pratiksha

Edited by Deepshikha Bhardwaj

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