Indian indices rebounded on Friday, snapping a five-day losing streak, driven by buying in IT, banking, and auto stocks. Despite the rally, analysts remain cautious due to muted earnings and liquidity concerns, suggesting the bounce back may be temporary. While the short-term outlook remains negative, long-term investors might find opportunities in select sectors like IT and banking.
FIIs and DIIs place big bets on State Bank of India — Analysts see about 20% rally ahead
Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts