Private Banking Stocks to Buy: Analysts recommend buying 5 largecap, 2 midcap and 1 smallcap stocks
Financial sector is an integral and rather the pillar of our economy. With growing infra push and all such measures to scale the status of Viksit Bharat by 2047, there is growth across the value chain with banking sector also drawing its due benefit.
Indian equities on the weekly expiry day snapped a 6-day rally amid weak global cues and pressure from across sectors. At the close, the headline index closed below the 25,000 levels at 24,888, while the smallcaps and midcaps tumbled even sharply. Nonetheless as the economy shows confidence and on the broader front, index is seen to rally though with intermediate hiccups, here are some private banks you can look upon to for investment.
AU Small Finance share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 775.
DCB Bank share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 165.
Equitas Small Finance Bank share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 77.
Federal Bank share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 230.
HDFC Bank share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 2,200.
ICICI Bank share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 1,650.
Kotak Mahindra Bank share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 2,500.
RBL Bank share price target
Motilal Oswal Financial Services has recommended buying the stock for a target of Rs 220.
Banking sector posted tremendous growth
Of late, amid improving macros, the backbone of the country's economy- the financial sector has logged immense growth- leading on both the asset quality as well as credit growth front, with private banks as no exception.
Disclaimer
The stocks mentioned here are given out as 'buy' calls by the brokerage. Investors should do their own risk-assessment before taking any such risky bets.