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Edelweiss has issued a research report stating that the time is ripe to buy PSU Banks. They have identified two stocks with the maximum potential for gain
Alroy Lobo, whiz kid with Kotak MF, has expressed confidence that we are in the midst of a “multi-year bull run” and that there is plenty of money to be made. He advises investors to be overweight in financial stocks on the basis that they are a “fantastic proxy” for the economy and will also be big beneficiaries of the interest rate cut
Amar Ambani of IIFL has sent out the clarion call that we should “strike while the iron is hot” and grab PSU Bank stocks. He argues that the PSU Bank Index is showing a “break out” for the first time since July 2011 and that it is a definite sign that it is headed much higher. He has cherry-picked three stocks which have the potential for maximum upside
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