Market setup: Cautiously positive at the open, but volatility remains high. Indian equities had fallen for 4 consecutive sessions; on Thursday, Nifty closed at 23,873.45, while Sensex fell 417 points. Reuters +1 🔎 Key factors today Global cues: US markets rallied and expectations of a near-term Fed hike eased, supporting sentiment. Reuters Crude oil: Brent is around $96/barrel, remaining a major risk for India because of inflation and the trade deficit. Reuters FII selling: Foreign investors sold about ₹235 crore on Thursday. Reuters Banking liquidity: RBI-related forex inflows have crossed $136 billion, potentially improving liquidity for Indian banks. The Economic Times ⭐ ONE STOCK IN FOCUS: State Bank of India (SBIN)

SBIN

Why SBI? SBI showed relative strength within banking stocks during Thursday's session. Kotak Neo RBI's large forex inflows can improve banking-system liquidity and potentially support credit growth. The Economic Times PSU banks could benefit if the broader banking sector continues to attract buying.

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