Why are banking stocks falling? Nifty Bank down 1%; Axis, HDFC Bank shares crash up to 5% - What should investors do?
Private bank stocks fell on Monday, pulling the Nifty Bank index down 1%, despite most lenders reporting year-on-year profit growth. Analysts cited high expectations, mixed results, elevated crude prices and foreign investor selling as risks.
Private bank stocks fell on Monday, pulling the Nifty Bank index down 1%, despite most lenders reporting year-on-year profit growth. Analysts cited high expectations, mixed results, elevated crude prices and foreign investor selling as risks.
What's Your Reaction?
