There are two things happening. One is, the banks which were very efficient, their asset quality improvement cycle is over and we will not probably see further asset quality improvement for these efficient frontline banks.Now, asset quality improvement is coming in banks which were laggard erstwhile. Let us say PNB, there is an asset quality improvement, there is a Bandhan Bank there is asset quality improvement.
Tech view: Nifty breaks 25,500 resistance, forms long bull candle. How to trade on Monday
Nifty’s short-term trend is strongly bullish after Friday’s significant surge. A brief consolidation or pause is possible before further upward movement. The next upside target,
September 20, 2024