PSB Reforms Fuel Market Frenzy; Nifty Inches Towards All-Time High of 26,000!

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PSB Reforms Fuel Market Frenzy; Nifty Inches Towards All-Time High of 26,000!

This special report tracks a bullish day on Dalal Street as the Nifty 50 approaches the 26,000 mark, fuelled by major reforms in Public Sector Banks (PSBs) allowing higher foreign participation. An analyst on the show stated, ‘we need to tighten our belt, get ready for a record high on the Nifty in the coming week, a record high on Nifty 500 and on Bank Nifty is already with us.’ The bulletin also covers key corporate earnings from companies like Mazagon Dock, Bata, and Raymond, and delves into major news from the fintech world as Paytm rolls out UPI services for NRIs using international mobile numbers. Additionally, experts debate the high valuation of the upcoming Lenskart IPO.

#StockMarket #Nifty #DalalStreet #PSUReforms #Banking #Paytm #UPI #NRI #LenskartIPO #EarningsSeason

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