The PSU Bank rose from Rs 371 on 5th October 2023 to Rs 461 recorded on 5th January 2024 which translates into an upside of over 24% in 3 months.
Hiren Ved of Alchemy Capital suggests focusing on capital market plays due to their structural growth, outperforming large private banks recently. While valuations seem high,
Hiren Ved suggests that geopolitical tensions are hindering market breakouts despite strong monetary stimulus from the RBI. The Nifty’s range-bound movement reflects these opposing forces,
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