Axis Securities reveals top 5 bank and NBFC stocks after Q4 results: ICICI, SBI, Nippon Life & more

Axis Securities reveals top 5 bank and NBFC stocks after Q4 results: ICICI, SBI, Nippon Life & more

Following a disappointing performance in the June quarter (Q1FY25) for the banking space, Axis Securities has identified ICICI Bank, State Bank of India (SBI), and Federal Bank as its top picks in the sector. Meanwhile, among NBFC, it has chosen Cholamandalam Investment & Finance Company (CIFC) and Nippon Life India Asset Management on the back … Read more

Federal Bank is Religare’s pick of the month for May, 13% upside seen at TP of ₹176; should you buy?

Federal Bank is Religare's pick of the month for May, 13% upside seen at TP of ₹176; should you buy?

Domestic brokerage firm Religare Broking has picked Federal Bank as its stock pick of the month for May 2024 with a potential upside seen around 13 per cent. Shares of Federal Bank were on an uptrend and gained one per cent today to hit an intra day high of ₹158.55 against a 52-week high of … Read more