Psu Bank Stocks

The strength in Bank Nifty stocks also came against the backdrop of supportive commentary from Reserve Bank of India Governor Sanjay Malhotra, who reiterated earlier this week that there is still room to reduce policy interest rates.

Nifty fairly valued after recent correction, says MOFSL; analysts favour PSU Banks, Industrials, Real Estate

Markets maintain premium valuations, with Nifty trading at 20.3x one-year forward earnings, supported by robust growth, stable macroeconomic conditions, and political stability.

Kotak bullish on SBI among the PSU bank pack, raises price target

SBI is better placed than other PSU banks in terms of through-the-cycle credit cost, liability franchise asset franchise as well as digital enhancements, Kotak analysts have said

PSU banks set for re-rating, Motilal Oswal raises target prices for SBI, PNB, BoB

SBI's target price was upgraded to Rs 800 from Rs 700 per share, while Bank of Baroda's target price was raised to Rs 280 per share from Rs 240

PSU banks big drags; temporary pullback, say experts

In the past one year, the PSU Bank index soared over 60 percent compared to 12 percent and 10 percent gains in the Nifty 50 and the Nifty Bank

Prefer Axis Bank, HDFC Bank, DCB, Federal Bank: RSec

Reliance Securities continues to prefer private banks in medium to long term as they are better placed to take advantage of uptick in economic cycle. The research firm has prefered Axis Bank, HDFC Bank, DCB and Federal Bank in private sector space.

Mkt correction healthy; focus on frontline stocks: Experts

According to Sanjay Dutt of Quantum Securities the sudden fall in the market is nothing much to be perturbed about and could be termed as a healthy correction in a strong bull market.

'Cobra bite' buying opportunity; buy all top 3: Tulsian

After the expose in respect to Axis Bank, HDFC Bank and ICICI Bank, SP Tulsian of sptulsian.com takes this as a buying opportunity for all three stocks. He told CNBC-TV18 that although the Bank Nifty has been spoiled because of the bad performance, but all the PSU bank stocks have been ruling reasonably well.