Three years of underperformance when topped by a decline of more than 15 in just one month and makes the management come out with clarification is bound to rattle many and is bound to have rub off on other players in the sectors which may not be banks. However because they are part of the financial service sector they tend to get clubbed together. But the fact is that just because one bank is facing headwinds does not mean the whole financial sector is facing the same. While banks might be under pressure, AMC’s have been doing well. Similarly, life insurers are under pressure but the general insurance companies have done well. So be selective as analysts are bullish on many companies in the financial services space.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest
November 7, 2026