Over the last five years, PSU banks have overcome the challenges of asset quality, governance and technology, says Khemani. The three investors were commenting on the performance of banking stocks over the past year during Moneycontrol s Diwali show
Foreign institutional investors sold shares worth Rs 261.81 crore, while domestic institutional investors bought Rs 822.64 crore worth of stocks on November 10, provisional data from the National Stock Exchange showed.
While the stocks have recovered from crash that followed the the Hindenburg Research early this year, most of the scrips are still trading lower than they were before the US-based shortseller accused the group of stock manipulation