Market experts expect PSU stocks, including banks, to consolidate till there is clarity on the government’s policies in light of the reduced majority
The Indian equity markets have seen good run since the February lows and if the liquidity gush keeps pouring in and globally, nothing wrong happens then Nifty could see the earlier top of 9100 before the US elections, is the word coming in from Vibhav Kapoor, Director and Group CIO, IL&FS.
Vishal Goyal, Executive Director - Leading Banks & Fin Research at UBS is positive on PSU banking space.