Summary
Shares of major private banks like HDFC Bank, Axis Bank, and Kotak Mahindra Bank rose up to 3% on Friday, boosting the Nifty Bank ahead of their Q1 earnings announcements. Analysts have mixed views, with Nomura picking ICICI Bank, HDFC Bank, and Kotak Mahindra Bank, while Kotak Institutional Equities expects a steady quarter with potential NIM contraction.
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