PSU bank stocks dropped up to 10% on BSE as BJP-led NDA led in early election trends, defying exit polls. Central Bank, Union Bank, Canara Bank, PNB, and others saw significant declines. Analysts favor private banks like ICICI and HDFC amid political uncertainty.
In the NSE list of stocks with a market cap of over Rs 10,000 crore, four stocks’ close prices crossed below their 200 DMA (Daily
Chirag Muni discusses global macro trends, including US tariffs and their limited impact on India. He highlights the potential for 10–11% Nifty growth in the
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