Indian shares ended Monday’s session lower, with a sharp sell-off in banking stocks and escalating Middle East tensions weighing on sentiment.
Heavyweight private banks declared mixed June quarter results, with HDFC Bank and Axis Bank reporting weak net interest margins, while ICICI Bank reported upbeat quarterly earnings, driven by stronger loan demand and lower provisions for bad loans.
Brokerages such as Citi and Bernstein aired mixed views on Kotak Mahindra Bank’s Q1 show.
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Market Analysis
Indian Shares End Lower As Private Banks Drag
2026-07-20 10:28:10
