These five bank stocks appear ready for a bull run

These five bank stocks appear ready for a bull run

Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…

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HDB Financial IPO: HDFC Bank clears subsidiary’s IPO plan to raise  ₹2,500 crore via fresh issue plus OFS | Stock Market News

HDB Financial IPO: HDFC Bank clears subsidiary’s IPO plan to raise ₹2,500 crore via fresh issue plus OFS | Stock Market News

Source: Live Mint HDB Financial Services, a subsidiary of India’s biggest private lender, HDFC Bank, received the board’s nod for an initial public offering (IPO) of equity shares on Friday. The IPO will comprise a fresh issue of shares worth ₹2,500 crore and an offer for sale (OFS) by existing shareholders, HDFC Bank informed in…

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