Even though other global markets are not doing well, Bank Nifty is at its all-time high? The main players behind this are two big banks in India: HDFC and ICICI.
Even in tough times, these two banks are doing really well. But how come? Are they making lots of profits? Or do they have smart plans that help them do well?
Whatever the reason, HDFC and ICICI sure are adding some excitement to Bank Nifty’s successful run.
Need to learn from these cool banking giants to stay high when most of the sectors are so low.
Any thoughts on why they are doing that great?
These two were the underperformers for the past several years. Did nothing only now there is a price increase. Check the last 5 year chart and you will see.
Hdfc was the worst. People thought after the merger there will be some price increase. Nothing.
I was told that fii used to sell hdfc in bulk
Selling partially and taking my capital out.
Disclaimer. I own both the stocks. The better one was icici.
Seen this many times, Banknifty making a new all-time high during tough times. A correction will surely be there after all this news drama goes away, as per my experience. I am not sure but maybe big players who are short on nifty use Banknifty as a hedge and it works every single time. Thats what I did but I am just a small player.
One of my friends works at a bank that starts with ‘H’, and it’s nothing short of a mental battlefield. Long hours, relentless pressure to sell credit cards and loans, barely any time to breathe it’s draining him day by day. Working till 10 PM is routine, not a choice. It’s heartbreaking to see how these banks squeeze every ounce of energy from their people, while in some PSUs, folks enjoy slow lunches and relaxed hours. The contrast is painful. Behind those corporate walls, ambition is often paid for with mental health. And maybe, just maybe, these banks are doing so well only because their employees are silently sacrificing everything to keep them afloat 
3 Likes
I can feel this 
I know this struggle.
Ahh not sure on this however can tell that there can be a little slow down.
Just sharing nifty and banknifty charts. I feel Banknifty is little more aggressive than nifty.
Yeah, it is but this time divergence between Nifty and Bank Nifty seems to be more than what we have seen in last few years.
Yeah, because you are also exposed to sector specific risk too…
