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 not been able to generate better price return than bank FD

Return vs FD Rates

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

Entry Point

So, in the near to medium term, we expect market to consolidate and probably we are at 24,000-24,100 level, which is kind of the fair value, closer to the fair valuation zone and market will probably take a breather for a quarter or two till the earnings catch up happens, before it sets its new leg upturn.

Private Banks, IT poised for revival; cement sector to emerge as a dark horse: Rupen Rajguru

Indian IT players are likely to gain from the strengthening dollar and the Republican Party’s win in the US presidential polls, according to Raychaudhuri.

Private Banks, IT And More: Emmer Capital’s Manishi Raychaudhuri Bets On These Stocks

Bank Nifty prediction for November 27, 2024: Bank Nifty slips to 52,100 with bearish sentiment; private banks outperforming, futures trading at 52,100 with support at 52,000.

Bank Nifty prediction today – Nov 27, 2024: Support might help in a rebound

Indian banks saw a rise in high-cost deposits in the September quarter. This may squeeze profit margins. Public sector banks lent more but gathered fewer deposits than private banks. Term deposits grew faster than savings accounts. Loans to private companies and working capital loans also increased. The share of loans to women borrowers continued to rise.

High cost deposits up to 69 percent in September

Market volatility is linked to news flow and global trends. Aman Chowhan, a fund manager, sees opportunity in large private banks, metals, IT, pharma, and chemicals. He is positive on infrastructure, especially EPC companies. Chowhan’s firm focuses on value investing across market caps. He analyzes the energy transition, favoring solar EPC and related companies.

Indian market to blindly follow global trend for a month or more; 5 sectors to bet on: Aman Chowhan

Indian equity markets are currently experiencing a period of uncertainty, with investors closely watching the outcome of the Maharashtra elections and the ongoing Adani Group controversy. Despite this, certain large-cap stocks, including Reliance Industries and select private banks, are seen as attractive investment opportunities due to their oversold status and strong fundamentals.

Reliance oversold; a change at helm in Maharashtra could be negative for market margin: Sandip Sabharwal

Large private sector banks in India are trading like utility stocks, presenting a good investment opportunity. The rural economy is improving, and consumption is expected to recover. Investors can find opportunities in discretionary consumption, industrials, and IT services. Deep tech is a promising sector in India, with potential for new listings and growth.

What to do as large private banks trade like value stocks & utility stocks act like growth stocks? Ridham Desai explains

Private banks are pushing for a reduction in Mudra loan targets, citing concerns about potential stress on MSME loans. While govt data shows low NPAs in the Mudra segment, lenders anticipate a rise in bad loans across the MSME sector in the coming months.

Private Banks seek reduction in Mudra targets

The Employees’ Provident Fund Organisation (EPFO) is poised to relax regulations, enabling more private banks to collect provident funds. This initiative aims to streamline business operations for companies, enhance convenience for subscribers, and expedite fund transfers for the retirement body.

Norms to be eased to let more pvt banks collect PF money from companies

Reserve Bank of India Governor Shaktikanta Das criticized private sector banks for their handling of customer complaints at a Mumbai conference. Das expressed concern over the misclassification of complaints as queries and urged banks to prioritize customer-centricity over profit, emphasizing ethical conduct and robust grievance redressal mechanisms.

Private banks misreporting complaints as queries, says RBI Governor Shaktikanta Das

“It is disheartening to see the nature of some of the complaints and the observations in our inspection reports,” Das said. “There are instances where complaints are misclassified as customer queries. We also come across instances of rejected grievances not being escalated to the internal ombudsman of banks. I would like to urge the boards and their customer service committees to closely look into these aspects to ensure that banks have a genuine commitment to customer centricity.”

Guv raises concerns over nature of complaints against private banks

The objective of Tata Nifty Private Bank Exchange Traded Fund is to provide returns before expenses that closely correspond to the total return of the Nifty Private Bank index subject to tracking errors