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.
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