The private sector lender fell nearly 4 per cent so far in 2022 compared with over 6 per cent rise seen in the S&P BSE Bankex in the same period. However, the stock rose over 3 per cent in a week and nearly 5 per cent in a month.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South