The Bank Nifty index has made waves in the market, hitting an all-time high of 56,098 in April, but it now hovers around the 55,000 mark. Meanwhile, the Nifty50 benchmark index is still around 7% away from its own record high, while banking stocks have continued to outpace the broader market. However, the recent retracements
Bank stocks will be in focus on Tuesday, April 22, after the Reserve Bank of India (RBI) proposed easier liquidity norms. The RBI has released the final guidelines on Liquidity Coverage Ratio (LCR), which seem to be far softer than the earlier draft guidelines. According to the central bank, these changes are expected to lead
By VK Sharma The Nifty rallied 4.48% during the holiday-truncated week, closing at 23,851 on Thursday. This marks the benchmark’s highest weekly percentage gain since February 5, 2021. To better understand what might lie ahead, let’s first revisit the events of not just the past week, but the entire fortnight. As expected, markets fell sharply