"In PSU bank space, Canara Bank reported stronger numbers. That should do well. From the Covid lows, the stock has already done two-and-a-half, three times. The next is Bank of Baroda. In the large names beyond SBI, these two should do well. Thirdly, Jammu & Kashmir Bank stock was a doubler in a year, year-and-a-half, similar to most of the PSU names. "
Layoffs: A bad debt cycle triggered by low demand, shrinking working capital, high input costs and stretched payment cycles has forced companies to cut costs.
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