PSU Banking stocks are witnessing smart rally amid hefty volume after strong quarterly results and improved asset quality announced by PSU Bank majors SBI and Bank of Baroda. Bank of Baroda climbed up by 8%. Trading volume was 6cr shares, seven times higher than the 20-day average volume. SBI is up by 2% amid 2r shares traded on NSE. Expects rally may continue on PSU Banks like SBI, BoB, Union Bank, Indian Bank, PNB.
Tue. Sep 26th, 2023
