“The support for Nifty has shifted around 17,600 levels. On the other hand, Bank Nifty has support at 40,200 levels while resistance is placed at 41,800. Traders are advised to keep a buy-on-dip approach until there’s any change in data and look for stock-specific opportunities with a positive bias.”
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an