Nifty’s trend remains weak within a range-bound movement. After failing to maintain its recent upward bounce, the market may retest the lower levels of 24,600-24,500 in the near term, with immediate resistance around the 25,000 mark, according to Nagaraj Shetti of HDFC Securities.
ICICI Bank adds most credit cards in April amid rising competition
Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. “We are focused on