Santosh Meena, Head of Research at Swastika Investmart, maintained a bullish long-term outlook but warned of short-term profit booking or consolidation. Emkay Global, on the other hand, forecasted market derating, particularly in the vulnerable PSU sector, following a 15% drop in the BSE PSU index. Despite this, Meena acknowledged PSU stocks' strong performance over the past five years but stressed the importance of careful evaluation, especially for those with low float. He also highlighted promising opportunities in certain segments for long-term gains.
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