The Banking & PSU Shield ✅
As investors panicked out of high-multiple IT names, capital rotated straight into value. Nifty PSU Banks led the charge. Top financial heavyweights like State Bank of India (+1.44%) and HDFC Bank (+0.72%) completely altered the afternoon momentum, forcing short-sellers to cover their positions rapidly.
As investors panicked out of high-multiple IT names, capital rotated straight into value. Nifty PSU Banks led the charge. Top financial heavyweights like State Bank of India (+1.44%) and HDFC Bank (+0.72%) completely altered the afternoon momentum, forcing short-sellers to cover their positions rapidly.