scorecardresearchBanking stocks on a roll; what's the road ahead for the sector?

Banking stocks on a roll; what's the road ahead for the sector?

Updated: 18 Aug 2022, 01:01 PM IST
TL;DR.
Nifty Bank is up 11% year-to-date (YTD) against a 3% rise in benchmark Nifty. The Nifty Private Bank index has gained 12% while the Nifty PSU Bank index has risen 16% YTD.
The Q1FY23 numbers of the banking sector were better than expected on many parameters.

The Q1FY23 numbers of the banking sector were better than expected on many parameters.