Latest news with #MFI
Mint
15 hours ago
- Business
- Mint
A bullish bearish tool that helps you see where the momentum is
If you ever bought into a sector after seeing it all over the news, only to find that the momentum faded a week later, you're not alone. In today's fast-moving markets, sector rotation is constant, and figuring out where the real strength lies is no easy task. Is the rally broad-based or driven by just a few stocks? Is the sector already overbought, or just gaining steam? Trendlyne's Bullish Bearish Breadth helps you find these answers. It has been built to provide you with early, reliable signals on bullish/bearish sentiments and identify trends across sectors, industries, and indices early on, often before they become headline news. Source: Trendlyne Whether you're a swing trader hoping to capitalise on stock momentum or a long-term investor timing your entry, this tool helps you stay one step ahead. How do you know if a sector's rally is a sustained one? A rally led by just a few large-cap stocks might look strong on the surface, but it can be fragile. However, when a majority of stocks in a sector are rising together, that tends to be a healthy and sustainable trend. And that's what Bullish Bearish breadth helps you figure out. Take the Aerospace and Defence industry as an example. This sector gained strong traction from early May to mid-June, frequently appearing in the top 10 bullish sectors on the breadth tool, whether sorted by Trendlyne's Momentum Score or other indicators. Thanks to this trend, the index tracking defence stocks, Nifty India Defence, is up 47% over the past quarter. However, in the third week of June, the rally began to lose steam, and it was evident on the breadth tool as the industry dropped out of the top bullish list. This is the kind of insight that can help you time both your entry and exit, giving you the best chance of riding the wave and reaping maximum upside. Here's a quick look at how this tool can help you invest: Track breadth using moving averages: See the percentage of stocks in each sector trading above their 20-day, 50-day and 200-day moving averages — the most common indicators of short and long-term momentum. Source: Trendlyne Compare using multiple technical indicators: From Trendlyne's Momentum Score, RSI, MFI, to multiple moving averages, you get a complete technical picture. Monitor daily and weekly sentiment: Check the percentage of stocks in a sector that are up/down today or over the past week, perfect for tracking sentiment. Choose between Equi-weighted and Market Cap-weighted: If you want to give each stock equal importance, choose Equi-weighted. If you prefer to reflect the real weight of large-cap stocks, choose Market Cap-weighted. Select any date and view historical data: While the default view displays data for the current day, you can select any past date from the calendar to study historical trends. Search across sectors and industries: Use the search bar to find any sector or industry instantly. Great for zooming in quickly. Check index momentum: We've also added a dedicated indices section for traders and investors who want to compare major indices, such as the Nifty 50, Nifty Bank, and others. This helps you identify areas of strength in indices relative to the broader market. And if you love spreadsheets? You can download all data with a single click using the CSV export button located just above the grid. No more second-guessing market moves or jumping on weak rallies. With this tool, you get the data-driven confidence to stay ahead of the markets. Try the Bullish-Bearish Breadth now and see where the market is headed. Satyam Kumar is a senior analyst at Trendlyne. Disclaimer: This article is sponsored content. The inputs and details accounted for in the article do not necessarily reflect the views of Mint, and Mint does not endorse or assume any responsibility for the information provided. Investing in stock markets involve financial risks, take expert advice before investing.
News18
2 days ago
- Business
- News18
Kotak Mahindra Bank Falls 6% After Q1 Profit Dips 7% YoY; Should You Invest?
Kotak Mahindra Bank reported a decline in net profit for the June quarter of FY26, despite a healthy 6% year-on-year (YoY) growth in NII Kotak Mahindra Bank Shares: Shares of Kotak Mahindra Bank dropped 6.5% to an intraday low of Rs 1,986.55 on the BSE in early trade on Monday, July 28, after the lender reported a 7% year-on-year decline in standalone net profit for Q1FY26. The profit fell to Rs 3,282 crore from Rs 3,520 crore in the same quarter last year, triggering investor concerns. Kotak Mahindra Bank reported a decline in net profit for the June quarter of FY26, despite a healthy 6% year-on-year (YoY) growth in Net Interest Income (NII), which rose to Rs 7,259 crore from Rs 6,842 crore in Q1FY25. The drop in profit was primarily due to a steep 109% YoY rise in provisions and contingencies, which stood at Rs 1,208 crore. Net Interest Margin (NIM) remained strong at 4.65% but saw a 32 basis points (bps) quarter-on-quarter (QoQ) contraction due to pressure from lower lending rates and a rising contribution from the low-yielding corporate book. Credit growth was healthy at 14% YoY, but margin compression impacted overall profitability. Management indicated that NIM pressure may persist in Q2 as the full impact of the 50 bps repo rate cut flows through, but expects a gradual recovery thereafter, supported by a reduction in costs, including savings account (SA) rates. Asset quality weakened in the quarter, with slippages rising to 1.9% due to stress in microfinance institutions (MFI), retail commercial vehicles (CV), and Kisan Credit Card (KCC) loans. At 9:15 a.m., shares of Kotak Mahindra Bank were trading at Rs 2,013.3 on the NSE, down 5.3%. Brokerages reacted cautiously to the Q1 performance, pointing to weak profitability and asset quality concerns: Nomura maintained a 'Neutral' rating with a target price of Rs 2,150. It lowered FY26–28 EPS estimates by 3–7%, citing concerns around NIM compression and rising credit costs. Nomura noted that the stock trades at 1.9x FY27 book value, indicating limited near-term upside. Morgan Stanley retained an 'Overweight' rating with a target of Rs 2,600. While it was encouraged by the bank's above-industry growth, it flagged the drop in NIMs and rise in non-performing loans. It expects Q2 to remain tough but sees earnings gaining momentum from H2. Motilal Oswal reiterated a 'Buy' rating but trimmed its target to Rs 2,400. It expects NIM to bottom out in Q2FY26, followed by recovery due to the full impact of rate transmission, deposit repricing, and CRR benefits. The brokerage also expects growth in the unsecured lending segment to aid margins and profitability. Bernstein, however, maintained a 'Market Perform' rating with a target of Rs 1,950. It believes continued stress on asset quality and elevated credit costs will weigh on the stock's valuation. view comments First Published: July 28, 2025, 10:25 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
3 days ago
- Business
- Economic Times
IndusInd Bank Q1 Preview: Profit seen falling up to 91% YoY amid derivative loss overhang; 7 things to watch out for
IndusInd Bank will announce its Q1 earnings on Monday, July 28, where the private lender is expected to report a sharp decline in its year-on-year net profit driven by elevated provisioning, MFI stress, and weak loan/deposit growth. ADVERTISEMENT Seen as a recovery quarter after losses in the derivatives segment in the previous quarter, the Street will be focusing on asset quality trends, credit costs, and commentary on deposit mobilisation and succession planning post the Q4 profit is projected to fall 65% to 91% YoY, reflecting the aftermath of the Q4 loss and continued provisioning burden. The lender had reported a consolidated net loss of Rs 2,329 crore in its Q4FY25. Emkay: Rs 194 crore, down 91% YoY) Rs 194 crore, down 91% YoY) Nomura: Rs 350 crore, down 85% YoY Rs 350 crore, down 85% YoY Nuvama: Rs 740 crore, down 65% YoY Rs 740 crore, down 65% YoY Kotak Equities: Rs 534 crore, down 75% YoY Net interest income (NII) is estimated to decline 22–25% YoY, but NIMs may rebound QoQ after Q4's derivative loss impact. Emkay: 4,080 crore, down 24.6% YoY and down 33.8% QoQ | NIM: 3.1%, down 118 bps YoY and up 82 bps QoQ Nomura: Rs 4,150, down 23% YoY and up 36% QoQ | NIM: 3.2%, down 103 bps YoY and up 97 bps QoQ Nuvama: Rs 4,200 crore, down 22% YoY and down 38% QoQ | NIM: 3.40% down 85 bps YoY and up 115 bps QoQ Kotak: Rs 4,227 crore, down 22% YoY and up 39% QoQ | NIM: 3.1, down 106 bps YoY and 87 bps QoQ Operating profitability is expected to be weak, reflecting muted core income and cost pressures. ADVERTISEMENT Nomura: Rs 2,260 crore, down 23% YoY and 561% QoQ Nuvama: Rs 2,480 crore, down 36.8% YoY and down 625% QoQ Kotak: Rs 2,394 crore down 39% YoY Nomura expects a 4% YoY and 3% QoQ decline in Q1 loans while pegging a flat YoY growth in deposits at Rs 3,97,200 crore. It may fall 3% QoQ. ADVERTISEMENT Meanwhile, Nuvama sees loans at Rs 3,34,500 crore, down 3.9% YoY and down 3.1% QoQ. As for the deposits, a 0.3% YoY and 3.3% QoQ decline to Rs 3,97,200 crore is expected. Kotak expects deposit growth at 1% YoY, better than feared, given recent is expected to remain elevated due to MFI stress. ADVERTISEMENT Nomura: Provisions Rs 1,790 crore, up 71% YoY and 29% QoQ Kotak: Expects slippages of ~₹1,700 crore (≈2%) from MFI Emkay / Nuvama: Also see high stress-related provisioning, albeit moderating QoQ Nomura expects credit cost to rise by 81 bps YoY to 2.1% while declining 83 bps see asset quality trends in the MFI portfolio as a key monitorable. Investors should also watch out for deposit mobilization, marginal cost of funds, and governance situation. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
3 days ago
- Business
- Time of India
IndusInd Bank Q1 Preview: Profit seen falling up to 91% YoY amid derivative loss overhang; 7 things to watch out for
IndusInd Bank will announce its Q1 earnings on Monday, July 28, where the private lender is expected to report a sharp decline in its year-on-year net profit driven by elevated provisioning, MFI stress, and weak loan/deposit growth. Seen as a recovery quarter after losses in the derivatives segment in the previous quarter, the Street will be focusing on asset quality trends, credit costs, and commentary on deposit mobilisation and succession planning post the Q4 shock. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Cybersecurity Management Healthcare Project Management Others MCA Finance PGDM others Operations Management Data Analytics CXO Product Management Digital Marketing Data Science Artificial Intelligence Public Policy Technology MBA healthcare Degree Leadership Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo 1. PAT Net profit is projected to fall 65% to 91% YoY, reflecting the aftermath of the Q4 loss and continued provisioning burden. The lender had reported a consolidated net loss of Rs 2,329 crore in its Q4FY25. Emkay: Rs 194 crore, down 91% YoY) Nomura: Rs 350 crore, down 85% YoY Nuvama: Rs 740 crore, down 65% YoY Kotak Equities: Rs 534 crore, down 75% YoY 2. NII / NIM: Net interest income (NII) is estimated to decline 22–25% YoY, but NIMs may rebound QoQ after Q4's derivative loss impact. Live Events Emkay: 4,080 crore, down 24.6% YoY and down 33.8% QoQ | NIM: 3.1%, down 118 bps YoY and up 82 bps QoQ Nomura: Rs 4,150, down 23% YoY and up 36% QoQ | NIM: 3.2%, down 103 bps YoY and up 97 bps QoQ Nuvama: Rs 4,200 crore, down 22% YoY and down 38% QoQ | NIM: 3.40% down 85 bps YoY and up 115 bps QoQ Kotak: Rs 4,227 crore, down 22% YoY and up 39% QoQ | NIM: 3.1, down 106 bps YoY and 87 bps QoQ 3. Pre-Provision Operating Profit (PPoP): Operating profitability is expected to be weak, reflecting muted core income and cost pressures. Nomura: Rs 2,260 crore, down 23% YoY and 561% QoQ Nuvama: Rs 2,480 crore, down 36.8% YoY and down 625% QoQ Kotak: Rs 2,394 crore down 39% YoY 4. Loans & deposits: Nomura expects a 4% YoY and 3% QoQ decline in Q1 loans while pegging a flat YoY growth in deposits at Rs 3,97,200 crore. It may fall 3% QoQ. Meanwhile, Nuvama sees loans at Rs 3,34,500 crore, down 3.9% YoY and down 3.1% QoQ. As for the deposits, a 0.3% YoY and 3.3% QoQ decline to Rs 3,97,200 crore is expected. Kotak expects deposit growth at 1% YoY, better than feared, given recent concerns. 5. Provisions & Credit Cost: Provisioning is expected to remain elevated due to MFI stress. Nomura: Provisions Rs 1,790 crore, up 71% YoY and 29% QoQ Kotak: Expects slippages of ~₹1,700 crore (≈2%) from MFI Emkay / Nuvama: Also see high stress-related provisioning, albeit moderating QoQ 6. Credit cost Nomura expects credit cost to rise by 81 bps YoY to 2.1% while declining 83 bps QoQ. 7. Key monitorables Brokerages see asset quality trends in the MFI portfolio as a key monitorable. Investors should also watch out for deposit mobilization, marginal cost of funds, and governance situation.
The Hindu
3 days ago
- Business
- The Hindu
IDFC First Bank Q1 net profit slumps 32% to ₹463 crore
IDFC First Bank Ltd. reported a 32% fall in Q1 net profit to ₹463 crore from the same period last year largely impacted by microfinance business and interest rate movement. Net interest income (NII) grew 5.1% YoY from ₹4,695 crore to ₹4,933 crore. Net interest margin (NIM) on AUM reduced by 24 bps QoQ, from 5.95% in Q4FY25 to 5.71% in Q1FY26, largely due to repo impact, asset mix change (including sharp decline in the micro-finance business) and decline in investment yields. 'On asset quality, all our businesses, other than microfinance continue to perform well, GNPA and NNPA are at 1.97% and 0.55%, respectively,' said MD and CEO V. Vaidyanathan. 'Our margins reduced because we passed on the benefit of repo rate to eligible borrowers and asset mix change, but term deposits broadly would take a year to reprice downwards,' he said. 'So, by H2FY26 margins is likely to be better. Also, by H2FY26, MFI issue should largely be behind us. Our customer franchise is strong. So, all-in-all, we are positioned well for the future,' he added.
