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India’s state-owned banks are in turmoil. The Nifty PSU Bank index rose as much as 2% on Monday, extending one-week gains to nearly 7%, as foreign investors, policy buzz and improving balance sheets fueled a rally that has gripped the public sector banking sector. The index closed lower in just one session last week, with […]
According to Gautam Shah, founder of Goldilocks Premium Research, Indian markets may be on the verge of another major breakout. He believes that the Nifty is gearing up to cross the 26,200-point mark and enter a new phase of bullish momentum. Speaking to ET Now, Shah said that whenever the Nifty approaches 26,200, he hesitates […]
