The contrarion view on PSU banks

The Nifty PSU Bank Index is up over 6% so far this year, ahead of the Nifty 50’s 4.5% gain. While some analysts are still worried about margin pressures at public sector banks, one technical analyst thinks they could be in for a solid run.

The contrarion view on PSU banks
The Nifty PSU Bank Index is up over 6% so far this year, ahead of the Nifty 50’s 4.5% gain. While some analysts are still worried about margin pressures at public sector banks, one technical analyst thinks they could be in for a solid run.

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