The private sector lender fell nearly 4 per cent so far in 2022 compared with over 6 per cent rise seen in the S&P BSE Bankex in the same period. However, the stock rose over 3 per cent in a week and nearly 5 per cent in a month.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and