“Options data suggests a broader trading range in between 17200 to 18200 zones while an immediate trading range in between 17350 to 17900 zones due to higher volatility,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

RBL Bank, incorporated in the year 1943, is a banking company (having a market cap of Rs 10000.14 Crore).

“Our business growth, driven by granular advances and deposits growth, continues to improve, in line with our strategy and execution. Our initiatives over the last six months on new product launches, and the scale up of granular retail products are also starting to bear fruit

In the fiscal year 2022 (FY22), the stock brokerage firm Zerodhas net profit increased 87% to Rs 2,094.3 crore from Rs 1,122.3 crore in FY21, while operating revenue jumped to Rs 4,963.7 crore from Rs 2,728.9 crore in the same period, according to its audited financial statement filed with the Ministry of Corporate Affairs (MCA).

Paytm said that its focus over the past few quarters continues to be on payment volumes that generate profitability for the company, either through net payments margin or from direct upsell potential.

Poonawalla Fincorp Ltd, Arvind Smartspaces, Suryoday Small Finance Bank, Sharda Cropchem, and Titagarh Wagons, and South Indian Bank, among others.

Traders are advised to avoid making aggressive bets for a while and wait for the Nifty to reclaim 18,050. However, it's an excellent opportunity to start nibbling at quality propositions.

Bank Nifty weekly option chain shows the highest PE writers active on 43000PE and then, 43500PE over 10 lakh OI shares each. CE maximum exposure lies on 44000CE with over 20 lakh OI shares, fresh additions of calls across 44000/44500CE and 46000CE levels show some stiffness in the index.

The S&P BSE Sensex fell more than 800 points while the Nifty50 closed below 18,500 levels on Thursday.

RBL Bank shares rallied 6 percent to Rs 167.55 and formed big bullish candle on the daily charts with above average volumes, making higher highs higher lows for second consecutive session. The stock has seen a nice and decisive breakout of horizontal resistance trend line in the gap up opening on Wednesday.

One of our top picks is Can Fin Homes which can be bought from 465 levels. I think Can Fin Homes fits the bill perfectly as it has very low delinquencies, its recoveries are very fast and they are seeing a lot of growth plus they have no problem of capital adequacy.

Morgan Stanley maintained an overweight rating on ICICI Bank with a target price of Rs 1250. The global investment bank sees further room to improve market share in higher-margin segments.

RBL Bank, incorporated in the year 1943, is a banking company (having a market cap of Rs 9163.59 Crore).

RBL Bank Ltd., incorporated in the year 1943, is a banking company (having a market cap of Rs 8974.74 Crore).

The S&P BSE Sensex fell more than 150 points while the Nifty50 closed below 18,200 levels on Wednesday.

The Nifty Pharma index closed 1.36 per cent down at 13048.3.

The Nifty Realty index closed 0.41 per cent down at 436.15.

The Nifty Bank index closed 0.75 per cent down at 40990.85.

The Nifty Pharma index closed 0.88 per cent up at 13228.05.

The Nifty IT index closed 0.52 per cent down at 28572.2.

The Nifty Bank index closed 0.43 per cent up at 41299.3.

The Nifty Auto index closed 0.21 per cent up at 12979.4.

The Nifty Realty index was trading 1.66 per cent up at 432.4.

The Nifty IT index was trading 0.05 per cent up at 28737.4.