Bank of India MF CIO Alok Singh sees banks poised for a re-rating. Here’s what could trigger it
A quarterly results development with market-wide reach.
· Economic Times Markets
Bank of India Mutual Fund CIO Alok Singh sees scope for banks to re-rate as low NPAs, healthy returns and loan growth support fundamentals. He expects policy announcements and stronger business numbers to ease concerns around NIMs and FCNR flows, while capital goods, banking and metals could deliver stronger earnings momentum.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Why it matters
- Fund flows and NAV moves show where domestic retail conviction is actually going, month after month.
Market context
- Sector exposure: Banks, Metals & Mining.
In this story
Related coverage
Q2 results today: TCS, Indian Bank, 4 others set to announce earnings
ICICI Prudential Life Insurance to focus on growing absolute VNB amid slump in FY24
ICICI Pru Life Q4 net profit falls 26% to Rs 174 cr, insurer announces dividend
Shadowfax Technologies shares jump 137% from IPO price; ICICI Securities sees 15% upside | Should you buy?
Banks vs NBFCs: Which stocks could benefit as RBI set to hike rates for the first time in 3 years?