The banks have started delivering well on their numbers and if it is sustained, which it should, there is no reason for the valuations to be so cheap. So, you can definitely expect a sustained up move for some of the top PSU banks, said smallcase manager Abhishek Basumallick who also runs Intelsense Capital.
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Currently, we are also seeing that the Fibonacci golden ratio is also coming near 24,400 level. So, closing once Nifty gets above that level on