Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 191 points (-1.1%) at 17,944 as of Friday, March 6, 2015, 12:00 PM ET. The NYSE advances/declines ratio sits at 450 issues advancing vs. 2,590 declining with 113 unchanged.

The Banking industry currently sits up 0.2% versus the S&P 500, which is down 1.1%. A company within the industry that fell today was Citigroup ( C), up 0.9%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Bank of Nova Scotia ( BNS) is one of the companies pushing the Banking industry lower today. As of noon trading, Bank of Nova Scotia is down $0.81 (-1.6%) to $51.33 on average volume. Thus far, 330,259 shares of Bank of Nova Scotia exchanged hands as compared to its average daily volume of 872,300 shares. The stock has ranged in price between $51.31-$52.07 after having opened the day at $51.82 as compared to the previous trading day's close of $52.14.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

The Bank of Nova Scotia provides various personal, commercial, corporate, and investment banking services in Canada and internationally. Bank of Nova Scotia has a market cap of $63.5 billion and is part of the financial sector. Shares are down 8.7% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Bank of Nova Scotia a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Bank of Nova Scotia as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Get the full Bank of Nova Scotia Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, HDFC Bank ( HDB) is down $1.16 (-1.8%) to $62.28 on light volume. Thus far, 414,449 shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $62.27-$63.69 after having opened the day at $63.25 as compared to the previous trading day's close of $63.44.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

HDFC Bank Limited, together with its subsidiaries, provides a range of banking and financial services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $49.7 billion and is part of the financial sector. Shares are up 25.0% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full HDFC Bank Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, JPMorgan Chase ( JPM) is down $0.63 (-1.0%) to $61.37 on average volume. Thus far, 10.0 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 18.8 million shares. The stock has ranged in price between $61.32-$62.87 after having opened the day at $62.16 as compared to the previous trading day's close of $62.00.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. JPMorgan Chase has a market cap of $231.6 billion and is part of the financial sector. Shares are down 0.9% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts that rate JPMorgan Chase a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full JPMorgan Chase Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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