In August, HDFC Bank experienced short covering and a 96% rollover, while SBI saw a significant short build-up and a 95% rollover. The Bank Nifty rose 0.5% to 50,889, but the PSU Bank index fell 2.6%. Nifty 50 climbed 3.1% with a 77% rollover.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap