Despite numerous tries throughout the past month, Bank Nifty has not yet crossed its all-time high of 44,151.80. As the monthly derivatives expiry nears, it has been range-bound and aimless for the past several sessions, which has worried investors. While the Bank Nifty’s growth has been restrained by the failure of large US and European…
Markets saw a negative trading day. Bank Nifty cut the Nifty index by 8 0.8% and both indices were down ~ 1.4% / 0.6%. Shares of Adani End, Adani Ports, SBI, and ICICI Bank added short-term gains, while Adani Group shares and financial stocks were the best performers. The Nifty Midcap 100 index closed 1.3%…
The Sensex was down 90 points at 52,682 and the Nifty was down 23 points at 15,845. The equity benchmark Sensex fell more than 90 points in early trade on Wednesday, signaling global signs ahead of the US Federal Reserve policy decision. The 30-share BSE index traded 90.5 points, or 0.17% lower, at 52,682.55 in…
Markets saw a favorable day of trading as the benchmark index closed at record highs. Bank Nifty outperformed the Nifty index by 0.5%, with both indices at 9 0.9% /. Are 0.4% higher. Shares such as ICICI Bank and Axis Bank closed their long-term lows and added new long-term levels as banking stocks performed better….
Bank stocks are more focused than the Reserve Bank’s monetary policy. Moreover, a slight surge in credit growth, along with market experts, has given the bull markets a boost in banking and financial stocks – which has increased investor appetite for these stocks. The ‘situation’ with the ‘accommodation position’ at the Reserve Bank is expected…
