HDFC Bank, Axis Bank among 5 stocks which engineer surge in BSE Bankex

BSE Bankex gained 0.7% on June 27, appreciating nearly 350 points, owing to the strong performance of several leading banking stocks. HDFC Bank, Axis Bank, Kotak Mahindra Bank, ICICI Bank, and SBI were the key contributors to the advancement. HDFC Bank, one of the leading private sector banks in India, occupied the top spot, owing to its robust financials and extensive branch network. Banking giants, known for their financial strength, digital initiatives, and customer-centric approach, continue to attract investors seeking exposure to the banking sector.