Nifty PSU Bank IndexPanjang
Public Sector (PSU) Banks at Support
After a stellar half decade post Covid, the shares of Public Banks have shown signs of exhaustion.
But, the underlying companies are in good financial shape and posting record top and bottom lines.
I still believe there is a lot of steam left in the like of Canara, BoB and SBI.
I can see these stocks and the whole index turning back and hitting record highs in future.
The idea shared is not a buy/sell recommendation. It is aimed at spreading awareness and help retail traders be more informed of the opportunities.
This should not be taken as the basis of any financial commitments.
But, the underlying companies are in good financial shape and posting record top and bottom lines.
I still believe there is a lot of steam left in the like of Canara, BoB and SBI.
I can see these stocks and the whole index turning back and hitting record highs in future.
The idea shared is not a buy/sell recommendation. It is aimed at spreading awareness and help retail traders be more informed of the opportunities.
This should not be taken as the basis of any financial commitments.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.