Next dip in market will be due to idea vodafone share ,
I beg to differ, market has already accounted for the VI saga. Also one company going bust or rising high will have a negligible effect on the market. Yes, if it goes bust, bankers will lose but the effect will be negligible. All Banks, who have exposure must have provided for the same.
These are my personal view and could be wrong.
Downside has already been factored in the market 1 year back, All the Banks has marked the VI exposure as default on their books.So if contrary of any revival of VI as what happened few weeks back these bank will only gain .So no dips only possibility of few banking stocks moving higher if issue is sorted! these banking stock may only impact Banknifty index but these banks weighted low now