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Psu Banking News

PSU Banking Stock Under Rs 100 To Buy, Likely To Give 33% Strong Return: LKP Securities

LKP Securities has a Buy on Punjab National Bank (PNB) for a target price of Rs 80 per share. The brokerage claims a potential upside of up to 33% from its current level if purchased at the current market price. The target ...

Three months before elections; should you bet big on stocks?

The most eagerly awaited event for the stock market is likely to be completed in the next 3-4 months. Clearly, the General Elections to form the next Union Government is likely to make or break the market. In fact, on ...

Beaten down sector stocks may continue to rally

Beaten down sector stocks including those from Infra, Real Estate and PSU banking may continue to rally well into the next year. Stocks that have performed well this year, including those from IT and pharma have become very expensive. In ...

After 400 points fall in the Nifty is there more to go?

The Nifty dropped more than 400 points in 8 straight days with mid cap, small caps and PSU banking stocks being hammered out of shape. The trigger for the fall was led by a series of measures by the RBI, which ...