Traders are piling into bullish derivative bets on banks, reversing bearish positions, as RBI’s foreign currency borrowing measures boost lenders. Bank Nifty surged 4.25% last week, outperforming the Nifty. Analysts expect this trend to continue, driven by short covering and fresh long additions.
Don’t wait for FIIs: Nippon MF CIO Sailesh Raj Bhan on why market will rise before foreign money returns
Indian equities offer rare discounts for investors. Nippon India Mutual Fund’s Equity CIO, Sailesh Raj Bhan, advises accumulating world-class businesses now. Valuations have reset after