SBI, Axis Bank, ICICI Bank, PNB, SBI Life, Muthoot Finance, Cholamandalam Investment were among the top gainers in financial services, rising between 0.2% and 6.6% hourly after RBI’s announcements. In contrast, HDFC Bank, HDFC and Piramal Enterprises were down around 1% each. Kotak Mahindra Bank edged down 0.1%.
Stocks in the automotive space were mixed. Tata Motors, TVS Motor and Ashok Leyland rose around 1-2%, but Maruti Suzuki, Mahindra & Mahindra, Eicher, Hero MotoCorp and Bajaj Auto fell 0.6%.
Here’s how rate-sensitive stocks fared after the April 8 RBI announcements:
Banking
Store | Switch (%) |
BANDHANBNK | 3.8 |
AUBANQUE | 2.1 |
FEDERALLBNK | 1.5 |
GNP | 0.8 |
BANQUEARODA | 0.6 |
INDUSINDBK | 0.4 |
SBIN | 0.2 |
THE AXIS BANK | 0.2 |
ICICIBANK | 0.2 |
KOTAKBANK | -0.1 |
IDCFIRSTB | -0.5 |
HDFCBANK | -1 |
Financial services
Store | Switch (%) |
CHOLAFINE | 6.6 |
SBILIF | 2.2 |
ICICIPRULI | 2 |
MUTHOOTFIN | 1.2 |
RECLTD | 0.5 |
PFCs | 0.4 |
BAJAJFINSV | 0.3 |
HDFCLIFE | 0.2 |
SRTRANSEND | 0.2 |
HDFCAMC | 0.1 |
BAJFINANCE | 0.1 |
SBICARD | -0.2 |
ICICIGI | -0.6 |
ELP | -0.9 |
HDFC | -1 |
Auto
Store | Switch (%) |
TVSMOTOR | 2.3 |
ASHOKLEY | 1.4 |
TATAMOTORS | 0.9 |
SONACOM | 0.8 |
BALKRISIND | 0.7 |
BHARATFORG | 0.3 |
BOSCHLTD | 0.3 |
LIM | 0.2 |
TINDIA | -0.1 |
MARUTI | -0.2 |
M&Ms | -0.2 |
EICHERMOT | -0.3 |
BAJAJ-AUTO | -0.6 |
HEROMOTOCO | -0.6 |
ESCORTS | -5.4 |
Real estate
Store | Switch (%) |
PRESTIGE | 2.4 |
SOLAR | 1 |
SQUAD | 1 |
LODHA | 0.9 |
PHOENIXLTD | 0.8 |
SOBHA | 0.3 |
GODREJPROP | -0.1 |
LDF | -0.6 |
IBREALEST | -1 |
OBEROIRLTY | -3 |
Durable consumer goods
Store | Switch (%) |
ORIENTELEC | 1.7 |
HAVELS | 1.6 |
DIXON | 1.4 |
TITAN | 1.2 |
VGUARD | 1 |
Crompton | 1 |
KAJARIACER | 0.8 |
VOLTAS | 0.7 |
TOURBILLON | 0.6 |
RELAXATION | 0.6 |
AMBER | 0.5 |
BATAINDIA | 0.4 |
RAJESHEXPO | 0.4 |
BLUESTARCO | 0.2 |
TTKPRESTIG | -0.1 |
(Edited by : Sandep Singh)