Market analyst Sandip Sabharwal sees potential in IDFC First Bank after a 35% drop, citing strong asset quality. He’s also keeping an eye on SBI’s results, particularly its asset quality and CASA ratio, given its aggressive unsecured lending. While cautious about PSU banks, Sabharwal acknowledges their recent performance and suggests SBI’s results could influence the sector.
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week
BSE’s derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium