“The risk of de-rating is on the lower side for banks, while it seems very high for most other sectors,” said Kotak’s analysts including Sanjeev Prasad, Anindya Bhowmik and Sunita Baldawa in a note to clients.
The BSE benchmark soared 1,359.51 points or 1.63 per cent to settle at an all-time high of 84,544.31 on Friday. During the day, it jumped
Going ahead, the trend of FPIs buying is likely to continue in the coming days, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
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