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Home » Private Banking Earnings Disappointment Triggers Heavy Liquidation

Private Banking Earnings Disappointment Triggers Heavy Liquidation

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The Nifty Private Bank index fell nearly 2%, emerging as the primary drag on the market following a wave of weak September-quarter financial disclosures. Heavyweight Axis Bank led percentage laggards with a 4.19% plunge due to margin compression and missing profit estimates, while HDFC Bank (-2.31%) and ICICI Bank also faced intense institutional distribution.

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