Daily Market Updates: Why are banking stocks falling? Nifty Bank down 1%; Axis, HDFC Bank shares crash up to 5%

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Why are banking stocks falling? Nifty Bank down 1%; Axis, HDFC Bank shares crash up to 5% - What should investors do?

Reported · Written up by our desk · North America

Private bank stocks fell on Monday, pulling the Nifty Bank index down 1%, despite most lenders reporting year-on-year profit growth. Analysts cited high expectations, mixed results, elevated crude prices and foreign investor selling as risks.

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LiveMint MarketsWhy are banking stocks falling? Nifty Bank down 1%; Axis, HDFC Bank shares crash up to 5% - What should investors do?

Global Markets

Why are banking stocks falling? Nifty Bank down 1%; Axis, HDFC Bank shares crash up to 5% - What should investors do?

More like this

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