Banks are expected to perform well in Q4, with HDFC Bank, Bank of Baroda, Bank of Maharashtra, and Indian Bank being top picks by SBI Securities. The IT sector is seen with limited downside potential, while opportunities in AI are emerging, but oil marketers should exercise caution.

Indian Bank reported a 7% increase in Q4 profits, reaching INR 3,061.48 crore, despite a 13% year-on-year growth in deposits to INR 8.30 lakh crore by March 26. However, the bank's shares experienced a 4% dip following this announcement.

Indian Bank has made changes to its Treasury Bills Linked Lending Rates (TBLR) as of April 3, 2026, while the Base Rate, MCLR, BPLR, and RBLR remain unaltered. The bank provided specific adjustments for TBLR based on tenor.

Indian Bank's open interest has significantly surged by 10.5%, indicating a potential shift in market sentiment or increased trader engagement. This development points towards enhanced trading activity within the bank's securities markets.

Indian Bank reports a significant growth in its lending activities, with gross advances increasing by 13.6% year-over-year to reach ₹6.68 trillion. Additionally, the bank's total deposits have also grown, rising by 12.6% YoY to ₹8.30 trillion.