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.
Sterlite Tech shares slide 5% after rallying 56% in one month. Here’s why
Sterlite Technologies shares hit the lower circuit on Monday as a sharp global selloff in AI and technology stocks dented investor sentiment. The decline comes