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Public sector stocks have emerged as notable outliers, garnering favor from investors in the last 1 year. The Nifty PSE index has soared 81 percent in this period as against a 21 percent rise in benchmark Nifty.
The Nifty financial services index is poised to rally in the direction of 20,700 - 20,900 level, delivering an upside of 5 per cent.
Trend of brokerage firms appear attractive on technical charts, progressive uptrend to continue.
The overall trend in these stocks remain positive, however crucial hurdles need to be conquered to rally further.
Shares of Delhivery and Craftsman Automation may rise up to 15% and 12%, respectively, show technical charts