Seasonality, Valuations Give Indian Banks an Edge Over the Nifty

Bloomberg Markets•Tue, Oct 6, 2026, 02:30 AM•2 min read

The banking gauge is trading at a price-to-book multiple of 1. 55, its lowest since 2020.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/newsletters/2026-10-06/seasonality-valuations-give-indian-banks-an-edge-over-the-nifty)

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