So, my view is that the banking sector as a whole has a long way to go. If that 10,000 target or say the 9,000 plus target that I am talking about is achieved, the banking sector would contribute substantially to that which means that we have a substantial rerating of public sector undertaking (PSU) banks which are beaten down beyond recognition at this point of time and as if they are going to close down tomorrow morning even though they may have gone up for five or 10 percent from the lows…
Nifty to make new highs this year; buy financials: Quantum
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