🧾 Private banks were the only losers today — is the dream run over or just a tea break?

In a sea of green, one sector turned red today: private banks.

While metals danced and realty stocks partied like it was 2008, Kotak Mahindra Bank, Tata Motors (financial exposure), and even HDFC twins looked a little grumpy.

Kotak fell 1.1%, Tata Motors dropped 1.24%, and even Cipla got dragged into the red zone.

🏦 Why are private banks sulking?

1. Valuation