Bank Stocks Outlook For The Week - 26 to 30.11.2018
Stocks of banks are seen in a range in the coming week, with the bias being downward, as weakness in the broader market is likely to weigh on shares of all sectors. The indices are likely to be volatile in the coming week as investors wait for the domestic event. Specific to the sector, any updates with respect to the Reserve Bank of India's board meet, and proposed measures for credit growth and banks under prompt corrective action, are likely to lend cues to bank stocks.
Source : Cogencis Information Services Ltd.
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Stocks of banks are seen in a range in the coming week, with the bias being downward, as weakness in the broader market is likely to weigh on shares of all sectors. The indices are likely to be volatile in the coming week as investors wait for the domestic event. Specific to the sector, any updates with respect to the Reserve Bank of India's board meet, and proposed measures for credit growth and banks under prompt corrective action, are likely to lend cues to bank stocks.
Source : Cogencis Information Services Ltd.
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