Markets were under sustained pressure all week, ending on a decidedly negative note. After attempting a modest recovery early, the Nifty faced sustained selling at higher levels and fell as the week progressed. The index has been fluctuating within a defined range of 25,771.45 on the higher side and 25,141.30 on the lower side. Volatility […]
Goldman Sachs has turned bullish on Indian banking stocks, saying easing financial conditions, low earnings expectations, improving profitability and attractive valuations are paving the way for a strong recovery. The brokerage expects Nifty Bank to outperform the broader market, with banks and NBFCs offering up to 30% upside from current levels. 1. Easier financial conditions […]