Sensex surged 809 points, marking its fifth consecutive rise. Analyst Kushal Gandhi advises buying Zomato, targeting 340 with a stop-loss at 274. He recommends buying HUL only above 2539 and suggests avoiding Dabur due to bearish trends and weak buyer demand.
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,