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PSB stocks may play catch-up if asset quality stays stable

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PSB stocks may play catch-up if asset quality stays stable

Ever since the markets started making new highs since November, the Nifty Bank has rallied 34.7%. Conversely, the Nifty PSU Bank index has rallied 52% for the same period. The rally in PSU banking stocks has been driven by SBI, Bank of Baroda and Canara Bank, among others.