Currently, Bank Nifty is trading at 51,600. In some time, we could see Nifty reaching levels of 54,000 in about one month, so we maintain positive bias with stop loss of 49,000.
IndusInd to provide for Rs 1,960 cr losses in Q4, to take action against staff
Appointed firm submitted its report on April 26, determining that the cumulative adverse impact on the bank’s profit and loss account stood at ₹1,959.98 crore