ICICI Prudential Private Banks ETF objective is to provide returns before expenses that closely correspond to the total return of the Nifty Private Bank Index subject to tracking errors

ICICI Prudential Nifty Private Bank ETF

HDFC Nifty Private Bank ETF objective is to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY Private Bank Index, subject to tracking errors

HDFC Nifty Private Bank ETF

DSP Nifty Private Bank ETF aims to track the performance of the Nifty Private Bank Index, focusing on equity of private sector banks.

DSP Nifty Private Bank ETF

SBI ETF Private Bank objective is to provide return that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error

SBI Nifty Private Bank ETF

The objective of Tata Nifty Private Bank Exchange Traded Fund is to provide returns before expenses that closely correspond to the total return of the Nifty Private Bank index subject to tracking errors

Tata Nifty Private Bank Exchange Traded Fund

Laurence Balanco of CLSA projects the Nifty’s long-term upside target at 37,500, with a lower end target at 21,700 amid current volatility. Emerging markets are pressured by the dollar index, which could peak at 114-115 in 2025. Bank stocks, especially private banks, show potential for recovery while real estate and PSU sectors lag.

A Nifty rebound to 24,000-24,500 seen as part of consolidation pattern: Laurence Balanco

In this episode of Two Sharp with ET, we delve into Zomato’s sharp 7% stock decline following its Q3 miss, with profits halving YoY to ₹59 crore due to heightened competition and muted food delivery growth, while Blinkit returned to losses. Despite Zomato’s tumble, markets closed in the green, with the Sensex gaining 454 points (0.59%) to 77,073 and the Nifty rising 141 points (0.61%) to 23,344, led by private banks as Kotak Mahindra Bank surged 9% on strong earnings, alongside Wipro’s robust performance. The rupee appreciated slightly to ₹86.5675/USD, buoyed by easing global cues. The focus now shifts to U.S. policy under Trump and key upcoming earnings.

Two Sharp with ET: Zomato tanks on Q3 miss; Sensex & Nifty close in green

According to Sandip Sabharwal, Kotak Mahindra Bank has shown positive growth after several quarters of underperformance. Advances grew 15%, contrasting with HDFC Bank’s 5% growth. With strong internal growth and a higher ROA than many private banks, Kotak’s adjusted valuation could lead to potential upside, especially if digital restrictions imposed by RBI are lifted. Kotak Mahindra Bank’s Recovery

Fallen angels like Kotak and RIL poised for market comeback - Kotak Mahindra Bank’s Recovery

Sensex Today | Stock Market LIVE Updates | India’s blue-chip indices, Sensex and Nifty50, declined on Friday, weighed down by IT major Infosys and private lender Axis Bank after their quarterly results. At 12:10 am, the BSE Sensex was down 430 points (0.56%) at 76,612, while the Nifty50 fell 112 points (0.48%) to 23,199.

Sensex Today | Stock Market LIVE Updates: IT, private banks drag Sensex over 450 points lower; Nifty below 23,200; India VIX spikes 5% - The Economic Times

Nilesh Shah, MD, Kotak AMC, emphasizes the importance of evaluating PSU stocks individually, being mindful of valuation, especially in low-floating stock counters. Areas like private banks, IT, pharmaceuticals, rural-focused FMCG, and certain segments of PSUs such as banks and the defense sector hold potential for better earnings growth. The market expects moderate returns with focus on bottom-up stock picking.

Some PSU stocks can still have better earnings growth than market expectation: Nilesh Shah

PSU banks outperformed private banks by 120 percentage points over a three-year period, even as they underperformed by six percentage points in the second half of 2024.

Bottoming Of Earnings Cuts Critical For Banking Sector To Do Well, Says Study

Rajat Sharma, Founder & CEO of Sana Securities, shares his perspective on the current market, focusing on new-age tech stocks, FMCG, IT, and private banks. While he expresses caution about stocks like Paytm and Zomato, Sharma highlights promising opportunities in traditional sectors such as FMCG and IT, along with the potential for private banks to perform well in a market recovery. Market Insights

Here’s why Nykaa remains Rajat Sharma’s top long-term bet - Market Insights

While acknowledging challenges in banking like slowing credit growth, Subramaniam noted that valuations in private banks provide attractive opportunities.

Bullish On Private Banks, Cautious On Industrials: UTI’s Vetri Subramaniam

​So, if you see FMCG stocks have not done anything in the last three-four years because that is where consumption has hit the most because of higher GST or whatever may be the reason, but these stocks have gone nowhere.

Private banks like HDFC and ICICI set to benefit when FIIs return: Rajat Sharma

Disrespect to young employees, poor efforts at skill building and low work-life balance are factors

What’s behind high attrition in private banks?

The market is witnessing sectoral shifts, offering distinct opportunities for long-term investors. Nischal Maheshwari, a market expert, believes the banking sector, particularly large private banks like HDFC, ICICI, and Axis Bank, is currently undervalued. Meanwhile, the FMCG sector, especially staples, is expected to benefit from favorable macroeconomic conditions. Additionally, Maheshwari sees recovery potential in the cement sector, while capital market stocks should be approached cautiously until valuations correct. Sectoral Value Investments

HDFC, Axis Bank, FMCG stocks at attractive levels, says Nischal Maheshwari. Should you buy? - Sectoral Value Investments

Nifty Private Bank Index is designed to reflect the performance of the banks from private sector.

Nifty Private Bank Index