The Indian market is expected to consolidate on Tuesday due to mixed global cues. Nifty futures closed lower, and options data suggests a trading range between 22,000 to 23,000. Experts recommend stocks for short-term traders, with buy recommendations for Cholamandalam Investment, Kotak Mahindra Bank, SBI Cards, and Amber Enterprises, while advising sell positions on Infosys, Grasim Industries, and Tech Mahindra.
Bank Lending to NBFCs Rises 26%, Fastest in FY26
In the previous fiscal year, bank lending to Non-Banking Finance Companies (NBFCs) witnessed an impressive 26 percent increase, fueled by the Reserve Bank of India’s