I have observed that Kotak bank moves opposite to banknifty
Not a positive co relation
Views?
Yes it is.
It does not follow usual way. Solo performer
All foreign money chasing it. Quality is key
Size is very less compared to icici but still commands high premium
Governance style is fantastic. Includes all kotak divisions as well.
A perfect wealth creator .dont sell single share
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it’s a bank stock but it’s rolled all in one… bank, broking, amc, investment banking, that’s why it diverges from the herd…
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it is not must that every index stock moves same direction of index for every day.
every stock has its own trend, index is the sum of all.