SummaryKotak Mahindra Bank will be key stock in focus after RBI barred it from acquiring new customers through its online and net banking platforms. Further, it is also advised to desist from issuing new credit cards as wellIndian markets are expected to open in the negative, led by mixed global cues and domestic triggers. The US markets managed to close marginally positively. However, post-market earnings reported by META weakened guidance for growth, which could dampen the outlook for the markets.
Asian markets are trading mixed, with Japanese markets trading 1.7% lower, while Chinese markets are trading in green with 0.5% to 1% gains on Thursday.
Key stocks to watch
Axis Bank reported…
Read More…