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Bank Stocks Outlook For The Week - 22 To 26.10.2018

Bank Stocks Outlook For The Week - 22 To 26.10.2018

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             Equity Cash/Futures/Options Segment 
Stocks of banks are seen trading in a broad range in the coming week, in line with the movement in the broader market, where sentiment is likely to depend on global cues. However, some recovery is likely after a correction this week, as earnings, especially of relatively better performing private sector banks, start to pick up pace. On a stock-specific basis, earnings of banks for Jul-Sep will lend major cues to the sector. RBL Bank, IDFC Bank, Kotak Mahindra Bank, Lakshmi Vilas Bank, Karur Vysya Bank, YES Bank, Shriram City Union Bank, and ICICI Bank are slated to announce their earnings in the coming week. Stocks of HDFC Bank will also be in focus as the bank will announce its results on Saturday.

Source : Cogencis Information Services Ltd.

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