Pankaj Pandey, Head Research, finds PSU banks attractive, with Bank of Baroda as his top pick, targeting ₹340. He anticipates a stronger second half of the financial year and sees potential for M&A and policy support. Pandey also remains constructive on Kotak Mahindra Bank due to improving growth visibility and easing IDBI Bank acquisition concerns.
Negative Breakout: These 5 stocks cross below their 200 DMAs
In the Nifty200 pack, five stocks’ closing prices crossed below their 200-day moving averages (DMA) on October 23, according to technical scan data from StockEdge.