PSU bank stocks are showing signs of exhaustion after a strong rally, with indicators like Shooting Star candles and MACD crossovers suggesting a potential pullback. Investors are advised to wait for dips before turning bullish again. Nifty Bank also witnessed an evening star formation, hinting at possible downside moves.
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries