Private sector banks, particularly HDFC Bank, are poised for growth and profitability. Indian bond inclusion may impact liquidity and interest rates, benefiting the banking sector. Public banks face challenges in profitability and growth compared to private counterparts. Regulatory actions in the NBFC sector may favor established players like Muthoot, says Pranav Gundlapalle.
Sector-wise ownership: IT sector tops promoter ownership in Nifty50
Promoter ownership stayed highest in IT; government stake led in Utilities. DMFs hit record highs across sectors, while FPIs trimmed Financials and IT but increased