Looking to invest in BANKSPVT THEME? Avoid at the moment as it is a falling knife that can bleed you if you catch it
19 Aug, 20195 min read
PVT Banks is a falling knife that can bleed you if you catch it on Monday. It fell by -0.26% to close at 1571.83. On a day when the overall market breadth was 35%, it closed higher than 75% of the market. In comparison, the benchmark NIFTY-50 index closed today at +0.1%.