We believe the current leg of profit booking followed by higher base formation, after a sharp run up would make market healthier therefore, investors should not construct the current profit booking as negative; rather utilize the same as an incremental buying opportunity to accumulate quality banking stocks.

Dear Trader… The Indian stock market surged an estimated 10% after the budget on the back of tax-free as well as provisions for various industries. However, there are still fifteen days to go before the completion of the budget month. Today, the markets are likely to open in red following