market correction: 8-10% correction likely in Nifty as well

market correction: 8-10% correction likely in Nifty as well as broader markets: Amit Khurana

Amit Khurana, Head of Equities at Dolat Capital, expects a broader correction of up to double digits on the Nifty. PSU banks have been downgraded due to mean reversion in credit costs. Some pockets of the PSU universe, such as city gas distribution companies, still offer value. Shriram Finance is viewed positively.

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