Bank Nifty still has some steam left: Mahantesh Sabarad

​On the deposit front, there is indeed a worry that the deposit growth generally has been very weak for most of the banks and perhaps that has been attributable to the fact that we had hit very low interest rates during the COVID period which was born out of the RBI sharply cutting interest rates. […]

Gold flat as investors await economic data

India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as illicit imports boom after COVID-19, denting the market share of banks and refiners, government and industry officials told Reuters.

Wall Street extends rally, powered by tech bounce

Investors are all but certain the Federal Reserve will implement a bite-sized interest rate hike next week even as the U.S. central bank remains committed to taming the hottest inflationary cycle in decades.