The Bank Nifty index surged to a record high, fueled by the RBI’s unexpected interest rate and CRR cuts, boosting banking and NBFC stocks. This rally propelled the Nifty to its highest closing in 2025, with mid-cap and large banks with high LDRs and tight LCRs poised to benefit significantly from the increased liquidity.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce