Q4 earnings preview indicates private banks may outperform public sector lenders due to tight liquidity. JM Financial expects 5% earnings growth, while analysts focus on NII growth, asset quality improvement, and stock outlook based on deposit performance.
Sensex and Nifty 50 climbed by around 1%. Smallcap stocks continued to outperformer broader indices. Meanwhile, Capital goods rallied the most, and IT stocks also recorded healthy buying ahead of major Q4 results.