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 β those with a smaller loan book size than others. For a majority of the investors and traders,…
READ MORE
PSU banks’ Q1 results decent, but are valuations supportive of next leg of the rally?
Despite 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 MORE