Shares of Federal Bank surged 5.5% to a new high after announcing the appointment of Krishnan Venkat Subramanian as the new MD & CEO. Brokerages view this positively, citing his strong banking background and experience.
Nifty ended the week down 0.7% due to IT sector selling. Key factors to watch include the upcoming FOMC meeting, US market movements, potential impact
Small-cap equities, after strong 2023-24 gains, slipped into a bear market but now show recovery potential. Supportive macro fundamentals, easing fiscal and monetary policies, sectoral
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