Ten stocks, including Bandhan Bank, Birlasoft, and PNB, are banned from F&O trading due to high open interest exceeding 95% of the market-wide position limits. The ban is reversed if open interest drops below 80%. Indian indices rebounded driven by HDFC Bank and Reliance Industries ahead of RBI policy decisions.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility