Thursday, November 24, 2022

Daily Voice | Banking sector set to outperform for rest of FY23 as system health at its best in decades, says Arun Malhotra of CapGrow Capital

Daily Voice | Banking sector set to outperform for rest of FY23 as system health at its best in decades, says Arun Malhotra of CapGrow Capital The key financial metrics like NPA are likely to continue to improve in the rest of FY2023, backed by strengthened balance sheets and an improving credit demand outlook, especially for working capital, Arun Malhotra of CapGrow Capital says.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-banking-sector-set-to-outperform-for-restfy23-as-system-health-at-its-bestdecades-says-arun-malhotracapgrow-capital_16754091.html

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...