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Positive newsflow are now emanating in the Banking space since the institution of the Insolvency and Bankruptcy Code (IBC). What impact does it have on the Bank Nifty and how is it going to influence the index.
Know more through our post on Bank Nifty - https://t.co/1H7K8KJO99 https://t.co/2zoeBUtTGQ
Positive newsflow are now emanating in the Banking space since the institution of the Insolvency and Bankruptcy Code (IBC). What impact does it have on the Bank Nifty and how is it going to influence the index.
Know more through our post on Bank Nifty - https://t.co/1H7K8KJO99 https://t.co/2zoeBUtTGQ
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Raja has founded the company Chart Advise specializing Training and Advisory. Over the last 10 years under the tutelage of his mentor Dr C K Narayan. http://www.chartadvise.com/
Positive newsflow are now emanating in the Banking space since the institution of the Insolvency and Bankruptcy Code (IBC). The fear of losing control over their companies has prompted promoters, who have defaulted on repayment of loans to banks, to settle their dues of around Rs 83,000 crore before action was initiated under the newly-enacted Insolvency and Bankruptcy Code (IBC). With the signs of a more stringent process coming in to check NPA , the worst affected PSU banks , could now breathe easy.
Read about our analysis on Bank Nifty and its current situation using interesting tools of Technical Analysis....
http://www.chartadvise.com/bank-nifty-can-hold-25500/
Read about our analysis on Bank Nifty and its current situation using interesting tools of Technical Analysis....
http://www.chartadvise.com/bank-nifty-can-hold-25500/
