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Business / Wed, 05 Jun 2024 Zee Business

From SBI to HDFC Bank, what should investors do with bank stocks post-election results? Here's what Bernstein says

Bank stocks in India: Should you buy, sell or hold HDFC Bank, SBI, ICICI Bank, Axis Bank? Global brokerage Bernstein does not think a wholesale policy change is likely post-Lok Sabha Election results. The brokerage in its latest report stated that an increase in populist measures (loan waivers) would be a negative for PSU banks. According to the analysts at the brokerage sudden reversal in corporate credit growth is highly unlikely in the near term. From SBI to HDFC Bank, check out the latest revised targets on these bank stocks:

Bank stocks in India: Should you buy, sell or hold HDFC Bank, SBI, ICICI Bank, Axis Bank? Global brokerage Bernstein does not think a wholesale policy change is likely post-Lok Sabha Election results. The brokerage in its latest report stated that an increase in populist measures (loan waivers) would be a negative for PSU banks. According to the analysts at the brokerage sudden reversal in corporate credit growth is highly unlikely in the near term.

From SBI to HDFC Bank, check out the latest revised targets on these bank stocks:

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