Kotak Mahindra Bank to outperform Nifty, says JM Financial

According to JM Financial, Kotak Mahindra Bank's stock is expected to outperform the Nifty50 index. The stock shows signs of upward movement with 50-day, 100-day, and 200-day averages trading in a narrow range. Futures open interest declined by 5%, indicating no short accumulation.