As benchmark indices reached a nine-month high, traders are eyeing bullish opportunities in stock futures. HPCL, UltraTech Cement, Power Grid, Indraprastha Gas, Apollo Hospitals, and HDFC Life Insurance are showing potential for upward movement. Technical analysis suggests specific entry points, stop losses, and target prices for these stocks, guiding traders in their investment decisions.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,