Market expert Hemang Jani discusses a strong market foundation with significant participation from midcap stocks, banks, and financial sectors. Promising sectors include capital goods like Kirloskar and Cummins. Adani Group’s entry into the wire segment and DMart’s investment in e-commerce are also highlighted.
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,