While fundamental analysts have been sounding alarm over high valuations in the equity markets, given the sharp bull run, they continue to be bullish on Indian markets from a long-term perspective
A breakout in Nifty Bank index may trigger an upside of up to 15% in bank stocks. Here are the key levels one needs to keep a tab on for frontline bank stocks
The optimism is expected to continue in September. The Sensex can move up by around 2,000 points in the coming month, charts suggest
Nifty Bank is expected to touch 36,600 levels, as per the technical chart
Nifty50's stability above 15,300-mark shows a further breakout towards 15,700 and 16,000 levels, as per the weekly chart
Nifty Bank is expected to rally over 5 per cent once 34,350 is conquered and held on a closing basis, technical charts suggest
The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%
Timing one's re-entry correctly is very difficult
The first fortnight of April 2021 has been weak in terms of business (already down 20 per cent) due to lower working days and onset of an aggressive second wave of Covid-19 infections
On Monday, banking, media, realty, metal and auto stocks fell the most, with the Bank Nifty falling as much as 5.1 per cent per cent
India recorded a massive surge of 1.69 lakh Covid-19 cases in the last 24 hours
Led by a surge in prices of metals and energy and a continued better show by lenders, India Inc is expected to report high double-digit growth in revenue
The Sensex and Nifty indices are eyeing up to 12 per cent upside from current levels, charts show
Liability seen at Rs 8,000 cr if govt does not foot the bill; more transparency expected, loan recoveries to start
The SC said that no direction can be issued to the government or RBI to announce any particular financial packages or reliefs
At 12:51 pm, the Nifty Bank index was down 2.7 per cent at 34,536 points, as compared to 1.6 per cent decline in the Nifty50 index
So far, the stance of FIIs have been bullish as they ploughed in Rs 25,787 crore in the month of February post the Union Budget for FY22
Post 2020's YES Bank crisis, chunk of government business moved from private to public banks for ease of operation
Top performers within domain include Tata Banking & Financial Services (15.6%), SBI Banking and Financial Services Fund (16.3%) and Sundaram Fin Services Opp (15.5%)
Increase of 12.1 per cent clocked in two days is the highest gains posted by the index in almost a year