Analyst sees Nifty PSU bank index rally toward 8,000
Public sector banks gained momentum this week. SEBI-registered analyst Finkhoz said the Nifty PSU Bank index has given a clean breakout above 7,200 after weeks of consolidation. Top PSU picks remain SBI, Canara Bank and Indian Bank, adding that if the index sustains above 7,200, the rally could extend towards 7,800 to 8,000.