Banking stocks are in focus after Nifty Bank hit a record high in trade today (December 15) on the back of overall positive market sentiment. The US Fed maintaining interest rate in the last policy meeting of 2023 as well as signaling rate cuts in 2024 led to a surge in the market. Moreover, the continuous foreign investor inflow, RBI holding rates, GDP growth coming better than expected in the September quarter as well as the improving global macros have also been aiding the sentiment.
The Indian…
Read More…