Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts maintain a positive outlook. The bank’s performance in loans, net interest margin, and asset quality is favorable. SBI’s share price is near its 52-week high. The stock shows a strong bullish trend.
Andrew Freris cautions investors on overheated US equities and rate-cut hopes
Andrew Freris criticizes the Federal Reserve’s rate cut, deeming it based on outdated data and ignoring accelerating inflation. He maintains a negative outlook on US