PSU bank stocks are showing signs of exhaustion after a strong rally, with indicators like Shooting Star candles and MACD crossovers suggesting a potential pullback. Investors are advised to wait for dips before turning bullish again. Nifty Bank also witnessed an evening star formation, hinting at possible downside moves.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap