Brokerages back ICICI Bank on strong Q2 earnings, see HDFC Bank recovery ahead

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Read more: Banking stocks, high oil prices drag Indian markets lower
Both stocks closed lower on Monday, with ICICI Bank falling 1.1% to Rs 1382 and HDFC Bank declining 2.3% to 712. The benchmark Nifty fell 1.11%, while the Bank Nifty slipped 0.6%. According to Bloomberg data, target prices for ICICI Bank imply a potential upside of 24-48%. For HDFC Bank, the target prices indicate potential gains of 17-78%.
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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