PSU bank stocks to buy: Will the outperformance continue? Understanding risks a must. 13 PSU banks, 7 with an upside potential of up to 37%
Synopsis Which is the sector where there is, literally, no small-cap company? The answer: PSU banks. In terms of market cap, none of the banks fall in the small-cap category. But yes, there are small PSU banks – those with a smaller loan book size than others. For a majority of the investors and traders,…
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Stock Radar: Canara Bank slips 20% from highs; what investors should do
Short- to medium-term traders with a high-risk profile can look to buy the stock on dips for a target of Rs 144 in the next 6-8 months, suggested experts. Synopsis The PSU banking stock peaked at Rs 129 on June 4, 2024, but lost momentum, closing at Rs 103 on November 1, marking a 20%…
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Large-cap stocks to buy: These large-caps have ‘Strong Buy’ & ‘Buy’ recos and an upside potential of more than 29%
Synopsis It is after a long time that we are seeing corrections in absolute terms. Also, it is rare for the Indian markets not to be in step as global markets rise. On Monday, and also on last Friday, there were minor intra-day upmoves by the Nifty. But these were followed by sudden, sharp selling…
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Nifty Bank Reshuffle: State-run Canara Bank makes entry while Bandhan Bank pushed out
PSU stock Canara Bank has entered the Nifty Bank index at the cost of Bandhan Bank as part of the semi-annual rejig. Canara Bank’s average free-float market capitalisation stood at Rs 38,973 crore over six months as against Bandhan Bank’s Rs 15,945 crore. With its inclusion, Canara Bank is expected to receive flows of $…
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