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RBI review: 5 reasons why banking stocks have fallen

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Inside an IKEA store in Stockholm, Sweden
Inside an IKEA store in Stockholm, Sweden
Banking stocks were the worst hit after the Reserve Bank decided to hold key rates citing inflationary pressure. The Bank Nifty, tracked widely by technical analysts, slipped below the key 10,000 mark.The BSE Bankex was down 2.5 per cent against a 1 per cent fall in the broader Sensex. All 14 banking stocks traded lower on the Bankex.Here are the reasons for the sharp fall in banking stocks.1) Banking stocks had witnessed sharp gains...
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