Analysts are, however, divided whether the index can continue its momentum after gaining almost 13% since March 15. Some expect the benchmark to extend its record-breaking run, while others fear the rally could fizzle out. If there is a sell-off in bank counters, they advise buying stocks such as SBI, Kotak Mahindra Bank, ICICI, Axis Bank, and IDFC First Bank.
Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?
Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buying, expectations