Key Points
Business NewsMarketsStocksNewsTwin tailwinds of faster economic growth and long-awaited sectoral re-rating. 5 PSU banks with an upside potential of up to 24%..
In March's market correction, the initial correction was led by PSUs..
If one looks at the table, in all time frames the selected PSUs have delivered positive returns except in one stock where 1-month returns are negative..
As the economy continues to move on a path of higher growth, they probably are the best to play the theme, if you are able shed historical baggage which sometimes hit the Street...
While PSU banks stocks have been doing well for more than an year, it was the divergence between the performance in the PSU and private sector banks which has brought more limelight on PSU banks..
