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India Today
09-06-2025
- Business
- India Today
Sensex settles over 200 points; Nifty above 25,100; Kotak Bank gains 3%
Benchmark stock market indices closed higher on Monday, starting the week on a positive note, helped by global and domestic cues. IT and banking sector stocks gained, pushing the indices S&P BSE Sensex was up 256.22 points to close at 82,445.21, while the NSE Nifty50 added 100.20 points to end at 25, Mahindra Bank emerged as the top performer, surging 3.53%, followed by Bajaj Finance which climbed 2.51%. Axis Bank also showed robust performance, gaining 2.06%, while IndusInd Bank rose 1.62%. PowerGrid Corporation of India rounded out the top five gainers with an increase of 1.61%.advertisement Eternal faced the brunt of the decline, falling 1.95%. ICICI Bank also faced heavy selling, retreating 1.68%, while Titan Company Limited declined 0.74%. Mahindra & Mahindra dropped 0.52%, and Adani Ports and Special Economic Zone completed the list of worst performers with a loss of 0.30%.Vinod Nair, Head of Research, Geojit Investments Limited, said that financial stocks extended their rally in Indian markets, driven by the RBI's supportive aggressive policy of rate and CRR cuts."These actions have boosted investor confidence and are expected to enhance liquidity in the near to medium term, especially in midcaps. The positive U.S. jobs data and renewed optimism over U.S.-China trade talks lifted global sentiment. Domestically even large caps expressed renewed momentum led by FIIs inflows," he
India Today
09-06-2025
- Business
- India Today
Sensex opens 382 points higher, Nifty above 25,100; Axis Bank gains over 1%
Benchmark stock market indices opened higher on Monday, starting the week on a strong note, continuing the recent upward trend. IT and auto sector stocks rallied in early S&P BSE Sensex added 335.02 points to 82,524.01, while the NSE Nifty50 added 114.85 points to 25,117.90 as of 9:28 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that the monetary bazooka fired by the RBI on Friday will keep the market spirits alive in the "But this is not sufficient to sustain the rally triggered on Friday. More important is the trend in earnings growth. Q4 results indicate better earnings growth for midcaps. But large and small caps continue to struggle," he Mahindra Bank led the charge on Sensex, surging 2.49%, followed by Bajaj Finance which jumped 1.26%. Axis Bank also opened strongly, climbing 1.26%, while Infosys rose 1.08%. Tata Motors rounded out the top five gainers with an increase of 1.05%.However, some stocks faced selling pressure as trading commenced. Bharti Airtel was the worst performer in early trade, declining 0.91%, while ICICI Bank retreated 0.54%.Adani Ports and Special Economic Zone also opened lower, falling 0.29%, and Asian Paints dropped 0.26%. Nestle India completed the list of top five losers with a decline of 0.19%.advertisementThe sectoral indices on NSE opened with broad-based gains in early trade. Nifty Midcap 100 rose 0.77% and Nifty Smallcap gained 0.85%. The India VIX jumped 2.40%, showing increased volatility as trading sectors opened in positive territory, showing strong market sentiment. Nifty PSU Bank was the top performer, climbing 1.19%, followed by Nifty IT gaining 1.09% and Nifty Smallcap 100 at 0.85%.Other gainers included Nifty Media rising 0.79%, Nifty Private Bank advancing 0.75%, Nifty Auto up 0.61%, Nifty Financial Services gaining 0.50%, Nifty Consumer Durables rising 0.37%, Nifty Metal advancing 0.31%, Nifty Oil & Gas up 0.26%, Nifty Healthcare gaining 0.25%, Nifty Pharma rising 0.21% and Nifty FMCG up 0.10%.Only one sector opened lower. Nifty Realty declined 0.08%."FY 26 earnings are unlikely to reach mid teens, which is necessary for the market to remain resilient and move up. Market needs signs of revenue and earnings acceleration to move up. In the absence of such indicators the present Nifty range is likely to move up marginally to 24500 -25500," said Vijayakumar.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
Time of India
22-05-2025
- Business
- Time of India
Ranveer Singh celebrates the rise of India's modern banking with Kotak811
HighlightsKotak Mahindra Bank has launched a new campaign for its digital banking platform Kotak811, emphasising a seamless and intuitive banking experience designed for India's digital-first generation. The campaign features popular actor Ranveer Singh and promotes the core message of 'Banking so smooth, it's Makkhan,' highlighting the app's user-friendly interface and comprehensive financial services. Kotak811 offers instant onboarding, seamless UPI payments, smart investment tools, and cashbacks, reflecting a customer-centric approach that meets the evolving expectations of modern Indian consumers. Kotak Mahindra Bank ('KMBL'/'Kotak') has introduced a new chapter for Kotak811 , its flagship digital banking platform, with a campaign that celebrates the seamless, intuitive, and full-service experience it now offers. Designed for India's digital-first generation, the new Kotak811 is more than just an app—it's a complete bank in your pocket. India is undergoing a remarkable transformation in consumer behavior , fueled by widespread smartphone usage, affordable internet access, and increasing confidence in digital ecosystems. Today's consumers demand more than traditional banking—they want speed, simplicity, and security, all seamlessly integrated into a mobile-first experience. This is precisely the space Kotak811 is designed to lead. The creative agency behind the campaign is MYO . Speaking at the launch of the campaign, Rohit Bhasin , chief marketing officer and head – propositions, said 'At the heart of this evolution is a vibrant campaign featuring Ranveer Singh , capturing the essence of what modern banking should feel like: effortless, fast, and smooth. The campaign's core message—'Banking so smooth, it's Makkhan'—reflects the app's frictionless user experience and its ability to meet every financial need with just a few taps.' Manish Agarwal, business head, Kotak811, said, 'India stands on the brink of a digital banking breakthrough, and Kotak811 is built for this very moment. From instant onboarding in under five minutes to seamless UPI payments , smart investment tools, and cashbacks—backed by the credibility of Kotak Mahindra Bank—our platform delivers a truly digital-first experience. It's not just about ease of use; it's about trust, security, and a user journey that feels second nature. That's our differentiator.' Jay Kotak, co-head, Kotak811, emphasised the customer-centric approach behind the platform's evolution, 'This is not just a new campaign—it's a reflection of how deeply we've listened to our customers. Today's Indian consumer expects more than just an amazing payment app. They want a full-service bank that's fast, intuitive, and always accessible. Kotak811 delivers exactly that.' Watch the video here:
