The brokerage described RBI’s decision to ease bank lending to finance companies as ‘Dene Wala Jab Bhi Deta…Deta Chappar Phaad Ke” (God gives abundantly whenever he gives). It was referring to RBI’s move to ease the sector’s woes. CLSA said Bandhan Bank is the biggest beneficiary of the step.
Nifty records worst February month since Covid-19 with 6% loss
Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down
February 28, 2025