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News 2026-10-06 13:54 UTC

Kotak Mahindra Bank shares outperform Nifty, Bank Nifty

Kotak Mahindra Bank shares have gained nearly 10% over the past two months, outperforming the Nifty 50 and Bank Nifty which have declined sharply. Analysts attribute the stock's relative strength to a combination of factors.

News 2026-10-06 12:46 UTC

Kotak Mahindra Bank Outperforms Nifty, Bank Nifty on Growth Hopes

Kotak Mahindra Bank shares rose nearly 4 percent on Tuesday, closing at Rs 431.90. The stock's outperformance over Nifty and Bank Nifty in the past two months is attributed to expectations of stronger growth, clarity on bank leadership, and a favorable interest rate cycle.