Market Quote : With Indices at record highs, investors were seen actively accumulating several state owned banks Says S Ranganathan, LKP Securities
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Below Quote on Market 08 December 2022 By S Ranganathan, Head of Research at LKP Securities
"PSU Banks fired up markets for the fourth consecutive day this week as the PSU Bank Index rose 4% today as positive tailwinds coupled with under ownership stepped up momentum in several stocks. With Indices at record highs, investors were seen actively accumulating several state owned banks with vast reach and trust available at reasonable valuations."
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