Analysts expect the rally to extend towards 24,500-24,750, with some seeing the potential for 25,000, although they believe the index must first overcome resistance around the 24,350-24,600 zone. The index closed at 24,334 on Friday.
SBI Funds Management debuted on the stock market at a premium price. The company raised over ₹9,813 crore through its initial public offering. SBI plans
The optimism follows RBI’s disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that has already eased earlier concerns
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