Sunday, December 6, 2020

PSU banks can outperform as valuation-wise they are cheaper than private banks: Geojit Financial

Vinod Nair On a valuation basis, Price to Book Value of PSU Banks is at 0.4x compared to 2x of NiftyBank Index.

from Moneycontrol Market Outlook https://ift.tt/33NDaU5

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D-St surges 1% on reports govt to cut tax on foreign bond bets

Indian stock markets surged on Thursday. The Nifty and Sensex saw significant gains. This rise was driven by reports of a potential tax cut ...