It’s a mixture of stellar results and liquidity backing the rally. Banking as a percentage of the Nifty 50 index is nearly 18%, and these banking companies have delivered solid growth on the top and bottom lines.
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,