Banking Stocks Have Bottomed Out? Deven Choksey on HDFC, ICICI & Axis Bank

Are banking stocks gearing up for their next growth phase? Market expert Deven Choksey sees encouraging signs in the latest earnings from India’s leading private sector banks. Speaking on Business Today Television, Choksey says HDFC Bank appears to have bottomed out, while ICICI Bank stands out on the back of sharper loan book growth. He remains positive on the banking sector, citing attractive valuations, improving growth momentum and the potential for better net interest margins in the coming quarters. With HDFC Bank, ICICI Bank and Axis Bank in focus, can the earnings momentum sustain? And could banks and NBFCs offer fresh opportunities for investors? Watch the full interaction for Deven Choksey’s take on banking stocks and the road ahead.