Benchmark Nifty is trading near its 200-day moving average, a key support, but the overall trend is weak. Technical analysts recommend shorting on pullbacks toward the 23,700 resistance zone. As …
“The banking sector is currently undervalued and facing challenges in the unsecured book of banks. However, these challenges are expected to diminish in the next few quarters as they are …
Ashwini Kumar Tewari, MD, SBI, says rural growth is coming back, consumption is improving and of course, whether it has reached the levels that we want and whether it is …
Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP, says the market might be held up and we might just have a push higher toward the Budget. Two of …
“Even the largest bank is trading at 2.3 times book, around 12-13 times price to earnings, I do not remember the last time that happened. And clearly, the risk reward …
“I think the time has come for them to really take charge or take lead or join the overall bullish camp and that is what is sort of happening. A …
Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP, says he does not think there is anything wrong with the results season so far. The bank stocks have been …
“You can see from foreign flows perspective that that rebound in China is detracting from some of the investment in India. I do not think it changes the longer-term trends, …
MUMBAI – The Reserve Bank of India has approved the appointment of Ashok Vaswani as the managing director and chief executive officer of Kotak Mahindra Bank for a period of …
Mumbai: State Bank of India, which owns nearly a fifth of the country’s outstanding banking-sector credit, is tapping the overseas markets again to raise up to $750 million through bond …