neutral
Recently
Banking Stocks Show Resilience as PSU Lenders Lead Early Gains
PSU banks outperformed early in trade with SBI and BoB advancing despite sectoral weakness in metals and FMCG.
Public sector banks posted early gains on Tuesday with stocks such as SBI and Bank of Baroda trading higher amid steady credit growth indicators. Broader financials showed resilience despite weakness in metals and consumer sectors. Market participants tracked upcoming GDP numbers and cues from the RBI’s December policy meeting while monitoring deposit growth trends.