Majority of the counters which I have named just now are about to give a breakout of consolidation. So, once the consolidation breakout comes into picture, then we can again see some kind of a strong upsurge in majority of the IT counters.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,