We are once again dancing to the tune of what is happening in external markets: Aashish Somaiyaa

“The midcap PSU banks saw 50%-100% kind of moves. Some of that also was just more like mean reversion or extrapolation of some sentiment on the banking sector and ‘spread the cheer’ kind of rally. That was probably unsustainable and when we get into 2023, I am not very hopeful of the next three-four months.”