Market Movers: Despite the rise in Nifty, why the decline in midcap and smallcap stocks?

MUMBAI: While benchmark indices were able to heave a sigh of relief as they were not subject to the battering seen on Friday, midcap and smallcap stocks could not. The broader market came in for another round of selling pressure as investors twitch about future growth prospects in light of the emergence of a new … Read more

Reliance risky stock for traders: Kunj Bansa

“If the market starts to move upwards, there is a possibility that in the sectoral rotation, we may see buying in the BFSI sector and banking may outperform. But if the market remains sluggish, this may not happen.” Kunj Bansal, that is, Karvy Capital. What is your view on the banking sector? Will you start … Read more

Nifty Bank: Market Watch: What’s wrong with banking stocks? , The Economic Times Podcast

Welcome to ETMarkets Watch, the show about stocks, market trends and money making ideas. I am Bhaskar Dutta, and here are the top headlines at the moment. Moody’s has forecast GDP growth at 9.3% in FY22.India, US sign agreement on 2% equalization levy101 projects identified under Gati ShaktiAirtel conducts 5G trial in 700 MHz bandIndia … Read more

Maximum compounding will still happen in private sector banks: Vishal Goyal

“I don’t think there’s anything wrong with smaller banks, but investors are now extremely cautious or more savvy about capitalizing on banks that haven’t done well in the past and haven’t changed much,” he says. Vishal Goyal, head of research, UBS India. For the first time we can say that the banks are out of … Read more