Here are three stocks to buy as recommended by research analyst Ankush Bajaj for 13 January
2 min read13 Jan 2025Stock Market Outlook: The Indian banking sector lagged behind Nifty 50 despite an 8% growth. While some banks thrived, others struggled with high credit costs. Experts predict a strong outlook for 2025, positioning banking stocks for potential outperformance.
4 min read18 Dec 2024The Nifty Bank index has risen 11% YTD, currently trading at 53,583.8. Analysts project a range of 50,000 to 57,000 by December 2024, with key resistance at 54,000 and support at 52,600–53,000. Traders are advised to watch these levels for potential opportunities.
2 min read16 Dec 2024Experts from leading brokerages weigh in on the strengths and prospects of HDFC Bank and ICICI Bank to help investors make an informed choice between the two for long term.
6 min read13 Dec 2024Following RBI’s decision to maintain the repo rate at 6.5%, mixed reactions were observed in rate-sensitive sectors. While banks and financial services saw gains, Nifty Realty declined. The CRR cut is expected to enhance liquidity, supporting economic growth and stability in the housing market.
4 min read6 Dec 2024Stock market today: According to experts, Nifty Bank Index has outperformed other frontline indices due to these two reasons: better-than-expected Q2FY25 update, and rate cut buzz from RBI MPC meeting
1 min read8 Oct 2024Nifty Bank surpassed 53,000 points for the first time after the US Federal Reserve cut interest rates by 50 basis points. Major banking stocks contributed to this peak, with expectations for further rate cuts in India as CPI inflation remains below the RBI’s target.
2 min read19 Sep 2024WhiteOak advises investment in banking & financial services sector citing long-term wealth creation, sector’s historical outperformance, and underperformance in recent years.
4 min read3 Jul 2024Nifty Bank index hits new milestone, crosses 53,000 mark, driven by private banks’ strong performance. Index gained 2.60% in 4 sessions. HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank lead the surge.
2 min read27 Jun 2024Amid recent market movements, public sector bank stocks have surged while private sector banks witnessed some consolidation.
4 min read25 May 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared