Current price is close to the real time NAV

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 been generating better price return than bank FD

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

Entry Point

Nifty Bank has closed below its short-term (20-day) Exponential Moving Average (EMA), which could lead to further downside testing at the medium-term (50-day) EMA, the expert said.

Canara Bank, SBI shares may stage recovery; ICICI Bank stock to do well: Sumeet Bagadia

As we step into 2025, Maneesh Dangi, CEO & Founder of Mosaic Asset Management, delves into the financial planning strategies crucial for the new year. Reflecting on the resilience of equity markets in 2024—Nifty up 9.5%, Sensex up 9%, and Nifty Bank up 6.5%—he explores the challenges posed by reduced Foreign Institutional Investor (FII) participation and the compensatory efforts by Domestic Institutional Investors (DII). Dangi highlights key sectors to watch, strategic investment approaches, and actionable advice to navigate the evolving market dynamics in 2025. Don’t miss this insightful guide to optimizing your portfolio.

Market Guru | Expert Portfolio Advice For 2025 | Maneesh Dangi On Equity Bonds, And Gold

Indian banks’ gross bad loan ratio may increase from 2.6% to 3% by March 2026 due to risks related to credit quality, interest rates, and geopolitics, according to the RBI’s Financial Stability Report. However, banks’ asset quality and capital levels have improved, ensuring financial system stability.

Indian banks’ gross bad loan ratio may edge up by March 2026, central bank report says

Nine out of the 12 sectors on the NSE declined, with the Nifty Media falling the most and Pharma rising the most.

Stock Market Highlights: Nifty Snaps Two-Session Gaining Streak As Bank Stocks Drag

The stock quoted a 52-week high of Rs 263.15 and a 52-week low of Rs 157.10.

Bandhan Bank shares 0.09% as Sensex rises

Bank Nifty shows bullish bias, with all stocks advancing; IDFC First Bank and The Federal Bank leading gains.

Bank Nifty Prediction today – Dec 30, 2024: No clarity on intraday trend

Jefferies’ Chris Wood has re-added HDFC Bank and introduced Siemens India to their Asia ex-Japan portfolio. Investments in Macrotech Developers, L&T, ICICI Bank, Axis Bank, Samsung Electronics, and SK Hynix were adjusted. HDFC Bank shares are improving, with strong buy ratings and significant FII interest.

Chris Wood’s love for HDFC Bank rekindles at the cost of 4 other stocks

A total of 17,355 shares changed hands on the counter till 10:56AM (IST).

Au Small Fin Bank shares 0.67% as Nifty gains

On the technical charts, the RSI of the stock stood at 42.68.

Federal Bank shares 1.67% as Sensex falls

Utkarsh Small Finance Bank plans to sell its non-performing assets and written-off loans to an asset reconstruction company. The loans amount to an outstanding principal of approximately Rs 355 crore as of September 30, 2024. The sale will be conducted at a reserve price of Rs 52 crore.

Utkarsh Small Finance Bank shares jump 4% after approving sale of NPAs worth Rs 355 crore

Last week, both Nifty 50 and Bank Nifty posted gains of 1% and 1.1%, respectively, primarily due to a gap-up open. Nifty futures face resistance near 24,250, and a break above could signal a positive outlook, while Bank Nifty may face further downside towards 49,800 unless it breaks above 52,000. Traders can consider shorting futures or buying at-the-money put options based on the index’s movements.

F&O Tracker: Bears Maintaining Advantage

ICICI Prudential Bank ETF objective is to provide returns that is closely correspond to the total returns of the Nifty Bank index, subject to tracking error