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The Economic Times

Debaroti Adhikary

HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?

HDFC Bank Axis Bank Nifty Bank Axis HDFC Kotak ICICI Bank Kotak Mahindra Bank YES Bank The Nifty Bank

Shares of heavyweight private lenders including HDFC Bank, Axis Bank, Kotak Mahindra Bank and others jumped up to 3% on Friday, pushing the Nifty Bank higher, ahead of their much-awaited Q1 earnings announcements scheduled for Saturday.

Kotak Mahindra Bank shares jumped nearly 3% to trade at Rs 386 apiece on the NSE, as seen at 12 pm. Federal Bank shares gained more than 2%, while those of HDFC Bank, ICICI Bank and Axis Bank rose more than 1% each.

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