Here is interesting perspective to look at BankNIfty. Chart is comparing BankNifty with Nifty. BankNifty has not performed better than Nifty since December 2019. Even the ATH did not breach highs of Feb 2021.
Traders like volatility and BankNifty has served them well. Chart sets a tone for underperformance in future. Most likely interest rate cuts will be the trigger point for it.
For education purpose only, use discretion!!
Traders like volatility and BankNifty has served them well. Chart sets a tone for underperformance in future. Most likely interest rate cuts will be the trigger point for it.
For education purpose only, use discretion!!