Reliance Power shares declined by 5% to ₹47.58, Reliance Infrastructure decreased by 4.98% to ₹296.15, and Reliance Home Finance shares slipped 4.84% to ₹4.84.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may