Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially triggering an open offer for an additional 26%. SBI, currently holding a 24% stake, seeks a new owner after Yes Bank’s turnaround.
Rajesh Bhosale from Angel One suggests a positive bias in the market, recommending a ‘buy on dip’ strategy. While cautiousness prevails due to Trump’s trade
Alok Ranjan of ITI Mutual Fund shares his market outlook. He anticipates the consumer sector to perform well. Banking and financial services are also areas
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