Bank Nifty set to outperform Nifty 50? Recent fall attracts ‘buy on dips’ investors, valuation gets favourable

Bank Nifty, Nifty50: Bank Nifty has fallen 9% year-to-date as compared to a 6.2% fall in the benchmark Nifty 50 index. The banking index is also down 11.5% from its 52-week high and has attracted investors’ attention who are looking to buy on dips. Bank Nifty saw significant outperformance in 2022, supported by solid fundamentals. […]

Markets Wrap – Wed, 15 Mar ‘23: Nifty, Sensex tumble, rupee falls; Asia, US markets, Gold, Crude updates

Domestic indices erased early gains and ended Wednesday’s volatile session deeply in red. The NSE Nifty 50 settled below 17000, and the banking stocks index, Bank Nifty, concluded below 39100. The top gainers on Nifty 50 were Adani Enterprises, Adani Ports, Asian Paints, Tata Steel and Titan while the losers were Bharti Airtel, IndusInd Bank, […]

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