Can ICICI Bank and HDFC Bank keep bulls busy? Sandip Sabharwal explains
“For markets to move higher, we need to be convinced that the interest rate cycle has peaked out. Once I am convinced about that. There are still people who doubt that because of the RBI commentary, but I think the bar for them to increase rates further is so high now that it will be virtually impossible for them to do that. So that should be supportive overall.”
