Strong second-quarter earnings from India’s banking and financial services industry (BFSI) are attracting investors, with brokerages bullish on large banks and NBFCs. Despite a recent market dip, experts predict a rally once the Reserve Bank of India begins cutting interest rates. Analysts highlight banks’ robust profits, stabilizing interest margins, and the potential for growth in the sector.
Technical picks: NTPC, Bharti Hexacom among 4 stocks to buy for up to 34% returns in short term
Equity benchmarks closed the last week on a subdued note, ending with modest losses amid heightened volatility. The current holiday-shortened week is expected to be
April 15, 2025