Indian banking stocks are surging, with the Nifty Bank index poised to break its record high, fueled by positive monetary signals and anticipation for strong earnings from HDFC Bank and ICICI Bank. Analysts predict a potential climb to 55,000-57,000, citing robust credit growth and stable asset quality.
Kotak Mahindra MF, Citigroup, others buy 10.64% stake in Home First Finance for Rs 1,307 crore
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home