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

Stocks including Reliance Industries, YES Bank, IREDA, Dixon Tech, Medplus, Genus Power, UCO Bank and more may remain under the spotlight on Wednesday, September 11.

Stocks in news: RIL, YES Bank, IREDA, Dixon Tech, Medplus, Genus Power & UCO Bank

There is an urgent need for Indian banks to realign their portfolios, operational structures, and compliance frameworks to meet evolving global regulatory standards, says the latest report by Maveric Systems.

Tech integration and regulatory alignment crucial for banks’ growth: Maveric Systems

So, no doubt we have recovered for last two days, but we are yet to even cross the Friday’s high. And if you even see Bank Nifty for that matter, 51,700 on Bank Nifty future was the high made on Friday. We are yet to cross that 51,700.

2 top stock recommendations from CA Rudramurthy BV

Options traders are less wary of Indian banks, with hedging costs near January lows. Despite underperformance, private banks like HDFC and ICICI are expected to outperform as valuations reflect concerns.

Hedging against swings in Indian bank stocks suddenly looks cheap

Bank Nifty September Futures (51,475) trading higher with strong support at 51,300 and resistance at 51,550.

Bank Nifty prediction today — September 11, 2024: Bullish. Make use of dips to go long

Stay informed with the Axis Bank Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on Axis Bank, including: Last traded price 1186.55, Market capitalization: 366874.06, Volume: 8968, Price-to-earnings ratio 13.72, Earnings per share 86.5. Our liveblog combines fundamental and technical insights to provide a holistic view of Axis Bank’s performance. Stay ahead of the market with breaking news that can influence Axis Bank’s trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the Axis Bank Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 11-09-2024 09:03 IST

Axis Bank Stocks Live Updates: Axis Bank Closes at Rs 1187.20, Reports 3-Month Decline of -0.62% - The Economic Times

Derivatives market update for Sept 11: Bank Nifty weekly options PCR stands at 0.9:1; key trigger point at 51,550. Premium in Bank Nifty futures down to 99 pts from 255 pts in just 3 trading sessions: F&O Insights

F&O Insights: Will Bank Nifty see short-covering? Check key levels here

The dollar weakened against major currencies as investors await key inflation data and a U.S. presidential debate. Safe-haven currencies like the yen and Swiss franc gained amid a drop in bank shares. The Federal Reserve is expected to cut interest rates next week, with the size of the cut still uncertain.

US dollar falls as markets brace for presidential debate, inflation

Wall Street’s S&P 500 index rose by 0.5% on Tuesday, but gains were limited due to concerns about slowing economic growth. Bank stocks fell after warnings of current-quarter weakness, and energy shares dropped as crude oil futures declined. Investors are closely watching upcoming inflation reports and the U.S. presidential election.

S&P 500 ends slightly higher but banks and energy weigh

The Nifty Bank Index is currently range-bound between the levels of 51,375 and 51,175. A breakout or breakdown from this range will likely trigger momentum in the respective direction.

Here’s how to trade Nifty Bank, Private Bank today; key levels here

In any volatility which is caused by global factors, it is the banking stocks which bear the brunt of selling, the reason is simple, FII will sell what they own and it is the banking sector where they have the highest exposure. But as soon as that selling is over and the money starts to make a comeback, it is banking stock which is the first one to attract funds, again the reason is simple, they are the best proxy for economic growth. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components — earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

These 7 bank stocks can give 22-48% returns in 1 year, according to analysts

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