Most banking stocks clocked 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.
Nifty Bank jumped 1.4% in morning trade to an intraday high of 55,192.65, with HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, YES Bank, and AU Small Finance Bank among top gainers. Some of them, however, slipped into the red as the day progressed due to profit booking.
(This is a developing story. Please check back for fresh updates.)
