So far, in 2022, the Nifty IT index has declined 28%, while the Nifty Bank gained 16% to an all-time high on Thursday. The Nifty has risen 3% in this period and is about 4% away from its record high.
Nilesh Shah of Kotak AMC remains optimistic about consumer discretionary spending, citing tax rebates, reduced EMI burdens, and the upcoming 8th Pay Commission. He favors
Rajesh Bhosale from Angel One anticipates a strong upward trend in State Bank. He advises purchasing it around 818-820 levels, setting a stop loss at
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