Bank PSU bulls: SBI, PNB, IOB among six stocks to hit fresh 52-week high. What to expect next? | Popgen Tech
PSU Bank stocks have risen significantly in recent days, emerging as one of the biggest bulls in the Indian market. On Thursday, due to volatile market sentiment, investors cashed in their gains in public sector banks. The majority of the selloff was seen in the second half of the day. However, six PSU bank stocks hit fresh 52-week highs today before correcting. Among these six stocks were the largest public banker State Bank of India (SBI), Punjab National Bank, Indian Overseas Bank, and UCO Bank.