RBI rate hike done. Now what’s ahead for bank stocks? Jefferies, other brokerages weigh in ↗
RBI’s first rate hike in nearly four years has put the spotlight on banking stocks, with analysts divided on the near-term impact on margins. Jefferies sees large private banks such as ICICI Bank and Kotak Mahindra Bank as key beneficiaries, while Q2 earnings could offer clues on the sector’s outlook.
2 sources
- The Economic Times Markets · 8 Oct, 10:28 IST
- The Economic Times Stocks · 8 Oct, 10:28 IST
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