Kotak Mahindra Bank Rises 0.14% to 381.30 Rupees as Sensex Drops 1.70%

9 articles · Updated · MarketWatch · May 11

Kotak Mahindra Bank added 0.14% to 381.30 rupees on Monday, bucking a broad market selloff and outperforming key banking peers.
The BSE Sensex fell 1.70% to 76,015.28, while IndusInd Bank dropped 2.99% and Yes Bank lost 1.05%; ICICI Bank edged up 0.13%, still trailing Kotak.
Kotak Mahindra Bank remains 15.82% below its 52-week high of 452.98 rupees reached on Oct. 20.
Trading volume was 793,297 shares, well below the stock's 50-day average of 1.4 million, suggesting the gain came on relatively light activity.

With shrinking margins and a lagging stock, can Kotak's aggressive acquisition strategy truly reignite its growth?

Despite strong profits, is the unresolved RBI ban the hidden risk that investors are currently ignoring?