Private banks favoured over PSUs as macro headwinds cloud near-term outlook: Digant Haria

Market expert Digant Haria notes strong corporate earnings but rising macroeconomic uncertainty. Private sector banks appear better positioned than PSU banks due to solid fundamentals, though near-term upside may be capped by inflation and currency depreciation. Long-term investors are advised to accumulate, with potential for new highs by Diwali if geopolitical tensions ease.

Raccontata daeconomictimes.indiatimes.com