Until then Nifty remains sideways as long as it is trading above 19,300 because 19,300 is that key level where the correction took place and there was a follow-up subsequent pullback from those levels.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may