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Last Updated : Mar 25, 2013 07:37 PM IST | Source: CNBC-TV18

PSU banks to outperform in short term: Sukhani

PSU banks are likely to outperform private banks in the next 5 to 10 days, says Sudarshan Sukhani, s2analytics.com.


PSU banks are likely to outperform private banks in the next 5 to 10 days, says Sudarshan Sukhani, s2analytics.com.
 
Sukhani told CNBC-TV18, “Nifty volatility is likely to continue, the markets will stabilize. I am assuming they will stabilize and then eventually begin some kind of an upmove, but the process of stabilisation is difficult. We have to accept it. It is painful also.”
 
He further added, “I would think that the PSU banks among all the bank stocks are likely to outperform in the next 5 to 10 days. So long positions in PSU banks are justified. Just understand that the market is at high risk, but still money can be made.”

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First Published on Mar 25, 2013 07:37 pm
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