Avanti Feeds, Apex Frozen Foods, and Waterbase Ltd witnessed steep declines as investors priced in concerns over a potential impact on exports. Avanti Feeds tumbled 6.6% to Rs 645, Apex Frozen Foods slipped 6.5% to Rs 225.05, and Waterbase fell 4.5% to Rs 49.16.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may