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Friday only one Trade Taken But was a blockbuster. Traded #NIFTYBANK from 22750 to 22370 almost 380 points Intraday. Almost 8000 to 10000 per lot. It hit a low of 22325.
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Banks, NBFCs, consumption likely to outperform: 3 stocks with 8-15% return in short term An index is likely to remain sideways in the range of 10,880 to 10,680 in the forthcoming trading week with slightly negative bias.
Banks need to raise capital on anticipatory basis: RBI Governor Shaktikanta Das "In such a situation, it has become a lot more important that the banks have to improve their governance, sharpen their risk management skills and banks have to raise capital on an anticipatory basis instead of waiting for a situation to arise. "Proactively, it is necessary for both public and private sector banks to build up adequate capital buffers," Das said at SBI's banking and economic conclave.