Less expense ratio implies better returns over the long term

Expense Ratio

ETF has not been able to closely match its benchmark returns

Tracking Error

ETF has not been able to generate better price return than bank FD

Return vs FD Rates

Entry Point

Stock ideas: MOFSL prefers five bank stocks namely ICICI Bank Ltd, HDFC Bank Ltd, State Bank of India (SBI), Federal Bank and AU Small Finance Bank Ltd.

RBI monetary policy: 5 bank stocks to buy amid potential turn in interest rate cycle

The recovery in domestic indices was majorly supported by banking counters. Top gainers in the 30-share BSE Sensex pack were ICICI Bank Ltd, Axis Bank and State Bank of India (SBI). Sub-index-wise, Nifty PSU Bank, Nifty Private Bank and Nifty Bank gained up to 1.15 per cent.

RBI policy: Two reasons why banking stocks are rising today

Canara Bank intends to cut stakes in Canara Robeco Asset Management Company Ltd by 13 per cent and Canara HSBC Life Insurance Company Ltd by 14.5 per cent.

Canara Bank shares, IPOs: RBI okays PSU’s divestments in AMC, Life insurance arms; stock in focus

Canara Bank shares rose 1.99 per cent to ₹110.30 at 10.59 am today on the BSE, after getting approval from Reserve Bank of India (RBI) to sell shares in its asset management and life insurance businesses through an IPO.

Canara Bank Shares: Gains 2% on RBI approval to AMC, IPO

RBI MPC: The Reserve Bank of India (RBI) Governor Shaktikanta Das announced measures to address unclaimed deposits by segregating beneficiary accounts through Direct Benefit Transfer (DBT). The RBI also increased interest rate ceilings on Foreign Currency Non-Resident Bank (FCNR(B)) deposits to attract capital inflows, effective until March 31, 2025. Indian banks’ financial parameters remain strong, and the RBI continues proactive supervision.

RBI’s Shaktikanta Das has a few suggestions for banks to further boost India’s financial strength

Bank of Baroda, Canara Bank, Axis Bank, SBI were the top gainers gaining by up to 1.92 per cent.

Banking Stocks: Lenders Cheer RBI’s CRR Cut, Rise Up To 2%; PSBs Biggest Gainers - News18

Indian markets opened lower but rebounded on Friday, driven by banking stocks after the RBI cut the CRR by 50 basis points to 4%, leaving the repo rate unchanged at 6.5%. Foreign investors turned buyers, boosting sentiment. Asian markets slipped, while oil prices dipped. The rupee strengthened against the dollar.

Sensex, Nifty recover to trade higher as RBI cuts CRR by 50 basis points

Bank Nifty December Futures outlook: Bullish trend intact, resistance at 53,900, support at 53,200, trade strategy included.

Bank Nifty Prediction Today – December 06, 2024: Bullish view is intact. Go long on dips

The stock quoted a 52-week high of Rs 129.35 and a 52-week low of Rs 82.66.

Canara Bank shares 1.71% as Sensex rises

Foreign institutional investors (FIIs) are returning to the Indian stock market after a period of selling. They’ve invested heavily in financials, particularly HDFC Bank, boosting its market cap. While some analysts are optimistic about this revival, others remain cautious due to high valuations and slowing growth.

FIIs fixing billion-dollar blunder, bank stocks on top of buying list

Indian headline indices finished positively for the fifth straight session on Thursday helped by top action in IT and bank stocks. Individually, Infosys, ICICI Bank and Tata Consultancy Services (TCS) shares contributed most. While the S&P BSE Sensex settled at 81,765.86, up by 809.53 or 1%, the broader Nifty50 closed at 24,708.40, higher by 240.95 or 0.98%. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty has given an inverse head and shoulders pattern breakout on the daily chart, suggesting a confirmation of a bullish trend reversal. In the short term, the trend is likely to remain positive as long as it stays above 24,300, he said, recommending traders to adopt a buy-on-dips strategy in the current market. On the higher side, the index could move towards 25,000 in the near term, he opined.Here are 2 stock recommendations for Friday: ​Stock Ideas

Market Trading Guide: Angel One, Titan are stock recommendations for Friday - ​Stock Ideas

Bajaj Finserv Nifty Bank ETF aims to replicate the performance of the Nifty Bank Total Return Index by investing in its constituent securities.