Maneesh Dangi gives 3 reasons why despite pre-Santa Rally, banking heavyweights are underperforming

“So as far as elections are concerned, markets are beginning to recognize that it is not a done deal. There is some probability of a negative surprise because if the current government in the current form does not continue, it is going to take a substantial amount of zing off markets in almost 15-20% of valuation correction. It would not happen on a single day though.”

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