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Bank stocks jump as Bank Nifty rallies over 1% on Q2 updates

Most banking stocks saw gains in morning trade on Monday, influenced by positive Q2 business updates and CEO appointments for HDFC Bank and Kotak Mahindra Bank. The Nifty Bank index rose 1.4% to an intraday high.

BANKNIFTY

Most banking stocks posted decent gains in morning trade on Monday, 5 October, as healthy Q2 business updates and announcements about the appointment of CEOs for HDFC Bank and Kotak Mahindra Bank influenced sentiment. 4% in morning trade to an intraday high…