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Nikita Vashisht is a business journalist tracking equity markets for Business Standard. She writes stories based on fundamental analysis of stocks of banking, aviation, FMCG, infrastructure, real estate, and new-age companies. Occasionally, she also writes on investment strategies for mutual fund investors. Nikita holds a degree in journalism, and business management, and is a certified fundamental and technical analyst for stocks and commodities.
Nikita Vashisht is a business journalist tracking equity markets for Business Standard. She writes stories based on fundamental analysis of stocks of banking, aviation, FMCG, infrastructure, real estate, and new-age companies. Occasionally, she also writes on investment strategies for mutual fund investors. Nikita holds a degree in journalism, and business management, and is a certified fundamental and technical analyst for stocks and commodities.
Markets scaled lifetime highs with the S&P BSE Sensex hitting the 40,000 mark for the first time ever. On the other hand, the Nifty50 breached the 12,000 mark post the outcome of the general elections
The state-owned lender is projected to report up to 48 per cent y-o-y jump in NII against Rs 3,063.4 crore logged in the corresponding quarter of the previous fiscal.
The state-owned bank is also anticipated to report over 70 per cent jump in net profit or profit after tax (PAT) on quarter-on-quarter (q-o-q) basis, as per analysts' estimates
While Nifty50 has gained 8.23 per cent between May 7, 2018 and May 6, 2019, Vedanta has slipped 41.5 per cent. Nifty metal index has also fallen by 18.32 per cent over the same period.
Analysts at Elara Capital recommend infra-based sectors, as they will remain in focus over the long run, irrespective of the election outcome.