Indian equity indices concluded FY26 with their worst fiscal performance since FY20, with the Nifty and Sensex registering losses. The outlook for FY27 is heavily dependent on the West Asia conflict’s impact on crude oil prices and the rupee, with analysts suggesting a ceasefire could trigger a recovery.
HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?
Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak