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PSU shares: SBI, BPCL, Bank of Baroda, ONGC, IOCL and Bharat Electronics have seen a decrease in positioning over the last few years. They can see resumption in buying interest, Elara said.
SBI share price target: Nomura maintained its stock price target of Rs 665 on State Bank of India. The wage revision would be effective from Nov 2022 and lenders would make retrospective adjustments to their wage bills in wage provisioning.