Banking Sector Update By Nirmal Bang

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September 9, 2015 at 10:16 pm #2361

Vidhi Khanna
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Having gone through a recent correction since last month, where the Bank Nifty was down 17% as against a 12% decline in Nifty. Currently, most of the Banks are trading at the historical lower P/E multiple, post correction the valuations of stocks in the Private Banking space looks attractive, with limited downside from the current levels.

Banking Sector Update 090915
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