Tariff-proof Nifty Bank may stretch rally by up to 2% to fresh high this week
The Nifty Bank has risen 9% over a month (19 March to 17 April), making it among the best-performing indices in anticipation of better earnings from its 12 constituents. Given the stellar rally of the past month, option sellers are expecting a moderate rise and have sold straddles, hoping to pocket the premia paid by…