KOTAKBANK
Kotak Mahindra Bank LtdKey stats
- Open
- 440.50
- Previous close
- 447.40
- Volume
- 1,50,04,260
- Average price today
- 442.12
- Circuit limits
- 429.20 to 455.70
- Industry
- Financial Services
Price alerts
News
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Sensex, Nifty crash: Why is stock market down today? Massive wealth eroded; investors lose ₹4 lakh crore
Indian benchmark indices Sensex and Nifty crashed over 1% each, erasing Rs 4 lakh crore in investor wealth due to weak global cues, soaring crude oil prices, and persistent foreign capital outflows. Sentiment was further dragged down by a sharp decline in major private banking stocks following their mixed Q2 earnings results.
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Why are banking stocks falling? Nifty Bank down 1%; Axis, HDFC Bank shares crash up to 5%
Major private sector banking stocks experienced sharp declines following their Q2 earnings announcements despite reporting growth in net profits and net interest income. High expectations and mixed performance details weighed on market sentiment, dragging the Nifty Bank index down by 1% alongside persistent macroeconomic concerns like FII selling and elevated crude prices.
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PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge
PC Jeweller shares surged following a block deal and the company achieving debt-free status after repaying all consortium bank dues ahead of schedule. Analysts remain optimistic about jewellery demand heading into the festive and wedding seasons, driven by organised players gaining market share.
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Kotak Bank Share Price Highlights: Kotak Bank Stock Price History
Kotak Mahindra Bank shares experienced a slight decline of around 1% during the session, tracking minor downward price movements reported in the live blog. The updates provide ongoing technical and historical performance data for traders to monitor.