Alternative Perspectives on PSU Banks

The Nifty PSU Bank Index has risen by over 6% this year, surpassing the Nifty 50’s 4.5% increase. Although some analysts express concerns about margin pressures at public sector banks, one technical analyst believes these banks may experience a strong performance ahead.

Public sector banks might not rank as the favored choice currently, yet Gautam Shah from Goldilocks Global Research is making substantial bets on them. This occurs despite a prevailing caution advised by most brokerages.

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