Expect Bank Nifty To Hit 40,000, Says Systematix’s Dhananjay Sinha

India’s banking sector has seen a sharp rebound after the pandemic triggered a meltdown in March but the "valuation juice is still there”, according to Dhananjay Sinha.The Bank Nifty, currently at more than 29,700, is likely to go up to 40,000, director and head of institutional research at Systematix Group, told BloombergQuint’s Niraj Shah in an interview. The index has surged nearly 75% from the lows of March and he sees it rallyin...