In the Bank and Financial Services sector, we are very bullish on Bank of India for two reasons – strong growth prospects and low price-earnings ratio – compared to its peers in the private and public banking space. Bank of India is the Country’s third largest government bank by number of branches.
A stock market correction should be welcome by astute investors because it provides immense stock picking opportunities. Let’s take a look at the do’s and don’ts when everyday brings out a new low and the going gets tough!
If you are an astute investor, always looking for opportunities, then the banking sector presents a golden opportunity for you. In the past few months, the sector has been battered out of shape. The prices are at low levels even though the fundamentals have not changed all that much. For an investor willing to wait for two or three years, there are very attractive gains to be made. Read on:
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