Oil Prices Up, Banks Down; Are ATMs Machines Running on Petrol?

General
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So oil prices go up and bank stocks start falling—makes you wonder, are ATMs secretly running on petrol?

I know the connection isn’t literal, but the speed at which banks react is surprising.

How exactly do rising fuel costs ripple through the economy to hit banks?

Is this just short-term panic or something more structural?
I’m curious to hear how others make sense of this.

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They’re all overvalued. This is just an excuse to bring it to it’s fair value

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Have you looked at HDFC Bank’s P/E lately? I got an alert today and, at the current price, it seems to be at its lowest level in a very long time.

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Markets are irrational!

True hdfc bank/ Kotak look good!

Ps: I hold hdfc bank

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