icici bank: Investor’s guide ETMarkets: Is it too soon to dump HDFC Bank in favor of ICICI Bank?

Hello, you have been listening to the ETMarkets Investor Guide, a show about asset classes, investment ideas and market trends. I am Nikhil Agarwal.

Amid weak global signals and an unimpressive earnings season so far, Sensex ended last week nearly 2% lower. Ending down 7.5%, HDFC Bank was among the big losers on the weekly chart. When the market opened on Monday, ICICI Bank would be in the spotlight as it reported a 59% jump in fourth-quarter profit. Its net interest margin also improved to 4%.

In today’s special podcast with independent market expert Rajiv Nagpal, let’s find out if it’s premature to dump HDFC Bank and if ICICI Bank can leapfrog its biggest rival.

Welcome to the Mr. Nagpal show.
1) How is the earnings season going so far? Do you expect more volatility to come?
2) Between the two HDFC twins, which would you bet on for the next few months before the merger and why?
3) If I look at ICICI Bank’s Q4 numbers, the 4% NIM is now in line with HDFC Bank. Do you think the gap between the two is now closing at a faster rate?

Thank you Mr Nagpal. That’s all in today’s special podcast. But keep checking this space for more such great content. Goodbye!

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