“After being severely impacted during the previous corporate cycle, PSBs are gradually improving their asset quality,” said Haitong’s analysts Darpin Shah and Nikhil Vaishnav in a note to clients. “Further, these banks are more focused on better-rated corporates and granular loans, which provides some comfort on the asset quality here-on.”
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader
May 27, 2026