“Public sector banks are trading cheap and traditionally they have traded cheaper than the private sector banks and with good historical reasons. While we do own a couple of larger PSU banks, it does not change the overall long term thesis that the private sector is likely to do better.”
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG