Recall one of the top brokerages, calling banking to underplay relative to other sectors?
All let lose there.
Results season, men's and boys will be tested.
While the big picture here is surely up and above the sky kind of expectation, short term there can be hiccups, some reality check for reasserting later.
Known for U turns at the extremes, without any warning can move down.
The PIP is the daily the corrective moves, and then the climb.
Talking of Skew, RBI Governor expressed concerns on the Deposit Loan Skew and that remains the factor of Cost and thus the allocation of resources. That also can be the Cue!
Short term frames suggest some struggle to move past the high hence a moderation to the expectations than any other way.
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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