Capital Gain

Get ready for the GameStop rally, round 2

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The rise of the retail investor blasts apart conventional wisdom when it comes to stock market valuation, as Tesla, GameStop, and other meme-friendlies show. Read More Source link

BNP Paribas sees further re-rating of banking stocks on better fundamentals

Published: in BUSINESS, , , , , , , , , by . Leave a Comment on BNP Paribas sees further re-rating of banking stocks on better fundamentals.

BNP Paribas India sees significant uptick in banking stocks in coming days on the back of expected earning upgrades from higher growth and lower credit costs. With the banking sector stocks trading close to the mean price-to-book value, the re-rating of the sector should continue hereon, BNP Paribas said in a report, adding that both […]