FM Sitharaman to meet heads of banks, NBFCs on loan recast on September 3. Will this have positive or negative impact on Bank Nifty? Your views?

Traders Lounge
1

FM Sitharaman to meet heads of banks, NBFCs on loan recast on September 3. Will this have positive or negative impact on Bank Nifty? Your views?

1 Like
2

Will go with the price action on chart. Price discount all the news.

example,

On 31st August, Bharti Airtel has enormous volume, 186M+, a day before the Supreme court verdict on AGR. Next day it was 6%+ . So the price and volume had already discounted the news.

regards,

mvp

1 Like
3

But today being expiry, I thought it might have an impact.

1 Like