6/2/2024, 3:21:03 pm

Rush for financials: Domestic institutions sit on Rs 1.41-trillion!

Amid raging speculation over the return of the BJP-led government for the third straight term and expectation of a pick-up in private capex, domestic institutions are waiting on the sidelines to raise their stakes in banks and financials. Banking stocks are seen as reasonably valued bets at a time when the market simmers on high valuations, said analysts.