Current price is far from the real time NAV

Less expense ratio implies better returns over the long term

Expense Ratio

ETF has not been able to closely match its benchmark returns

Tracking Error

ETF has been generating better price return than bank FD

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

Entry Point

Indian benchmark indices, including the Sensex, Nifty 50, and Nifty Bank, fell over 1% last week. Despite starting strong, a sell-off intensified later, especially on Friday, bringing indices close to crucial support levels. Nifty 50 closed at 24,852, with key support at 24,780; a further drop could lead to 24,200. Nifty Bank closed at 50,576, with supports at 50,250 and 49,700. Sensex, down 1.43%, ended at 81,183, and a break below 80,300 could lead to a fall toward 78,500. A rebound from current levels could, however, see indices stabilise or rise again.

Index Outlook: Nifty 50, Sensex: Poised Near a Crucial Support

Indian benchmark indices saw a significant drop of over 1% on Friday due to weak global signals and regulatory challenges. Analyst Sahaj Agrawal from Kotak Securities discussed the market outlook, highlighting critical resistance levels for Nifty and Bank Nifty. He suggested focusing on specific sectors like Pharma, FMCG, and consumer durables for medium-term gains

F&O Talk: Market lacks strength, 25,350 critical resistance for Nifty, says Sahaj Agrawal of Kotak Securities

Get market updates and investment advice from BL Portfolio, with expert insights on Nifty, stocks, and mutual funds.

Nifty and Bank Nifty Prediction for the week 09 Sep’24 to 13 Sep’24 by BL GURU

Sensex Today | Stock Market LIVE Updates | Indian benchmark indices, Sensex and Nifty, plunged into the red on Friday as investors remained anxious ahead of a key US jobs report, which could influence the scale and pace of Federal Reserve interest rate cuts. Broad-based selling was observed across all sectors. The BSE Sensex dropped below 81,300, trading down by over 1,000 points.

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty shed 1%; RIL, bank stocks top drags; India VIX spikes 8% - The Economic Times

Indian equity indices saw significant declines on Friday, driven by banking stocks, as traders awaited the US jobs report for insights into the Federal Reserve’s interest rate policy. The BSE Sensex dropped by 800 points to 81,400, while the Nifty50 fell below 25,000. Analysts provided trading recommendations for Indian Hotels and Titan Company based on technical and derivative data.

F&O stock strategy: How to trade Indian Hotels & Titan shares

Banks face challenges in attracting deposits due to regulatory restrictions, making mutual funds more appealing. Indian Banks Association chairman MV Rao highlights the need for government support to draw savers. HSBC India CEO suggests studying deposit creation causes, while SBI chairman notes difficulties with special schemes like green deposits.

Banks’ hands are tied, can’t fight with MFs on returns, says IBA chairman

India aims to achieve a $30 trillion GDP by 2047, requiring significant growth in the financial services sector, especially banks. A report by BCG, FICCI, and Indian Banks Association highlights the need for $4 trillion in bank capital and emphasizes financial inclusion, digitization, and emerging technologies as key drivers for this growth.

Financial services sector must grow 20x for India to reach $30 trillion GDP, says report

Bank Nifty Prediction for 6th September 2024: Bank Nifty futures can decline to 50,800

Bank Nifty Prediction today – Sep 6, 2024: Bears drag the index below a base; consider shorts

Nifty Bank has underperformed Nifty50 and other sectoral peers over the past year, with private banks lagging due to valuation concerns. Despite some strong loan growth and solid capital adequacy ratios, rising deposit costs and moderation in net interest margins pose challenges. Experts remain cautious about the sector’s near-term outlook.

Nifty Bank underperforms Nifty50, most sectoral peers. Should you still bet on financials?

Join us on the IndusInd Bank Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about IndusInd Bank, including: Last traded price 1408.9, Market capitalization: 110804.78, Volume: 430586, Price-to-earnings ratio 12.25, Earnings per share 115.88. Our liveblog provides a well-rounded view of IndusInd Bank by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact IndusInd Bank’s performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the IndusInd Bank Stock Liveblog. The data points are updated as on 06-09-2024 10:20 IST

IndusInd Bank Stocks Live Updates: IndusInd Bank Sees Minor Decline in Market Performance - The Economic Times

Derivatives market update for Sept 06: The Nifty PCR dipped from 0.74, while Bank Nifty to 0.78; reflecting a cautionary trend said Dhupesh Dhameja of SAMCO Securities. Max Financial see short buildup: F&O insights

F&O Cues: Premium jumps in Nifty, Bank Nifty futures; options flag caution

SBI-ETF Nifty Bank objective is to provide returns that closely correspond to the total returns of the securities as represented by the CNX Bank Index, subject to tracking error