Large-cap lenders vs mid-cap banks: Which ones should you pick for long term?

Large-cap lenders vs mid-cap banks: Which ones should you pick for long term?

Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 percent increase. Meanwhile, over the … Read more

ICICI Bank: Motilal Oswal reiterates ‘buy’ on the private lender, sees over 15% upside – 6 key reasons why

ICICI Bank: Motilal Oswal reiterates 'buy' on the private lender, sees over 15% upside – 6 key reasons why

The stock hit its record high of ₹1,199.35 and its market cap crossed $100 billion in intra-day deals today. The stock has now risen over 33 percent from its 52-week low of ₹898.85, hit on October 26, 2023. “While we estimate margins to remain range-bound in the near term, the operating leverage is emerging as … Read more