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.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,