Nuvama Bets Big On PSU Banks; Manav Chopra Explains

Nuvama Institutional Equities believed that Canara Bank Ltd. and Punjab National Bank have the potential to report 30–35% gains in the bull case scenario, according Manav Chopra, executive director, technicals. The brokerage is highly constructive on public-sector banking space, in which Canara Bank and Punjab National Bank are the top choices.