Synopsis In any volatility which is caused by global factors, it is the banking stocks which bear the brunt of selling, the reason is simple, FII will sell what they own and it is the banking sector where they have the highest exposure. But as soon as that selling is over and the money starts…
READ MOREDespite a decent Q1 performance, PSU bank stocks have struggled over the past month, falling nearly 6% (as of August 13), with concerns over valuations in the overall PSU sector weighing on the market. Experts ETMarkets spoke to anticipate stock-specific action rather than a runaway rally. Hereβs why! Barring State Bank of India (SBI), which…
READ MORESynopsis Banks have been leading the correction but it is more due to technical reasons, which is the over ownership of FPI in this segment. But if things are improving on the fundamental side, which in majority is the case, then probably it is time to consider a contrarian investment or even a trade. Check…
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