I must also acknowledge the market sentiment, which peaked by the end of September. A few factors aligned in our favor, and being fully invested at the time worked to our advantage.
HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by ten basis points.
State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts’ expectations for their June-quarter earnings. Most brokerages expressed continued optimism
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