Analysts said the bullish momentum means the Bank Nifty index could outperform Nifty in the near-term. The Nifty Bank index has rallied 5.7% and 15.19% in the last one month and three months, respectively. The Nifty 50 index has gained 1.76% and 8.22% during this period.
NSE IPO: IFCI, SBI, Bank of Baroda, other stocks gain up to 14% as NSE files for India’s largest IPO. Who’s selling stake?
Shares of IFCI, SBI, and other companies saw significant gains on Thursday. This surge followed the National Stock Exchange filing its draft IPO papers. Several