Two small-cap PSU banks set for a leap?

Two small-cap PSU banks set for a leap?

Source: Live Mint The big picture: Nifty PSU Bank index rally The Nifty PSU Bank index, a key benchmark for public sector banks in India, has experienced a dramatic trajectory since mid-2022. The turning point came in July 2022, when the index crossed its 200-Day Simple Moving Average (SMA) at approximately 2,700, signalling the start…

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Nearly half of Nifty Smallcap stocks trade 20-42% below 52-week highs. What should investors do? | Stock Market News

Nearly half of Nifty Smallcap stocks trade 20-42% below 52-week highs. What should investors do? | Stock Market News

Source: Live Mint Investor interest in small-cap stocks on Dalal Street seems to be gradually fading, as many of them are now trading significantly below their recent highs. This decline in enthusiasm follows a period when small-cap stocks garnered substantial attention, which drove their valuations to elevated levels. In recent years, small-cap stocks benefited from…

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