PSU banks stocks have once again started to move up. In fact in the last one year of volatility and bearish conditions, there has been a clear relative out performance by the banks. Is this rally for good or just another one which will fizzle out. If one goes by what analysts are saying, it will be extremely stock specific. The story has a list of banks with “sell” and “Hold “ advice on some PSU banks while others have a “buy” and “strong buy”.
