The Budget Day is highly anticipated as it forecasts the economic outlook of the Nation and its impact on the equity markets. The benchmark and Nifty indices have seen significant gains, indicating a bullish market. The Angel One Research team recommends buying stocks like MTNL, Petronet LNG, Shree Digvijay Cement Co, and Shriram Finance in the short to medium term.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank