BusinessPhoto: Mint MarketsPrivate Bank Stocks Fall, Nifty Bank Down 1% Amid Mixed Results
Private bank stocks declined on Monday, causing the Nifty Bank index to drop by 1%. Despite most banks reporting year-on-year profit growth, analysts pointed to high market expectations, mixed financial results, rising crude oil prices, and foreign investor selling as key risks impacting the sector. Shares of Axis and HDFC Bank fell up to 5%.
Mint Markets·




