Goldman Sachs analysis shows strong private bank stock recovery, favoring private banks over PSUs and suggesting a 'buy-on-dip' strategy.

Goldman Sachs analysis reveals strong private bank stock recovery, with fundamentals staying robust. Analysts favor private banks over PSUs and suggest a 'buy-on-dip' strategy, as key private banks such as HDFC, ICICI, Axis, IndusInd, and Federal Bank saw shares surge up to 8% in two days. The Bank Nifty index has recovered, indicating potential investment opportunities in the sector.

June 06, 2024
3 Articles