India Markets Buzz: Bank Stocks Are Back in the Driver's Seat.

This article from Bloomberg.com provides a summary of key news and events in the Indian markets. It mentions that Nifty futures are signaling a firm start after a surge in private banks lifted the frontline indexes to new highs. The article also highlights the increasing demand for new listings in India, with several IPOs seeing demand exceed 90 times the shares offered. Additionally, it mentions that water infrastructure investment is expected to gain momentum due to rising water stress in the country. The article concludes by noting that big banks are back in the driver's seat, with the NSE's banking sector gauge rising above its pre-election peak. [Extracted from the article]