A small look in the history: 2000-2010
Total 10 year returns: SBI up 2225% Vs ICICI Bank 1016% vs HDFC bank 890% Vs Sensex 502%
Yes - there was a time in history when PSU outperformed the private sector
More from Varinder Bansal 🇮🇳
More from Sbin
A thread on OI and Options charts for SBI - why it stopped rising at 420 and how one could have identified that.
Why I am talking abt SBI so much?
After the results, almost every brokerage came out with upgrades giving trgts of 500-600-700 on SBI, and it is easy for retail to buy CEs immdly; It might rise later, but the pause in the last 2 days ensured that the CEs fall sharply
For those who missed ithttps://t.co/gb1PpJKQdY
— AP (@ap_pune) May 25, 2021
Why I am talking abt SBI so much?
After the results, almost every brokerage came out with upgrades giving trgts of 500-600-700 on SBI, and it is easy for retail to buy CEs immdly; It might rise later, but the pause in the last 2 days ensured that the CEs fall sharply