ICICI Bank shares saw a rise on Monday, while HDFC Bank shares experienced a fall. This happened even as both banks reported fourth-quarter earnings that met expectations. Analysts remain positive on both lenders. Investor positioning appears to be driving this divergence in stock performance. Target prices show potential upside for both banks.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of