Market expert Nischal Maheshwari advocates a selective, valuation-conscious strategy across sectors like microfinance, banks, metals, autos, power, and defence. He highlights opportunities in PSU lenders and commercial vehicles, while cautioning on metals and defence stocks due to current valuations and volatility. Maheshwari also notes structural demand in data centres and a positive outlook for autos.
Yes Bank shares rise 3% after Q2 business update shows loans surging 24% YoY, deposits up 20%
Yes Bank shares rose after the lender reported a 23.8% YoY growth in loans and advances to around Rs 3.1 lakh crore in Q2 FY27.