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Opportunity to buy PSU stocks: Analysts after Adani bribery case
short by Debaroti Adhikary / on Thursday, 21 November, 2024
PSU stocks tumbled after Adani Group Chairman Gautam Adani was named in a $250-million bribery case in US. Despite the sharp decline, market experts believe the reaction is temporary and recommended investors to use the opportunity to "accumulate" PSU bank stocks. Notably, several PSU banks, including SBI, are lenders to Adani Group companies.
read more at Moneycontrol