PSU bank stocks jump up to 13%. Should you keep buying?

Shares of Indian Overseas Bank (IOB) were the top gainers in today’s trade as the stock surged 13% to Rs 29.75 apiece. Meanwhile, shares of Union Bank of India, Bank of India and Bank of Maharashtra rose over 8%. PNB, Indian Bank, UCO Bank, and Central Bank of India advanced over 5% each.

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