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[hfe_template id='11223'] [ad_1] The rags-to-riches story of PSU banks has delivered multibagger returns going up to 472% to investors in Prime Minister Narendra Modi's second term. Ten out of 12 PSU bank stocks have more than doubled investor wealth during the period. According to data from Ace Equity, Indian Overseas Bank was the top performer among PSU banks, delivering 472% returns during the Modi 2.0 tenure. Bank of Maharashtra and UCO Bank followed, with returns of 325% and 226%, respectively. Additionally, Central Bank of India, State Bank of India (SBI), Indian Bank, Canara Bank, Punjab & Sind Bank, Union Bank of India, and Bank of Baroda provided returns ranging from 106% to 150% over the last five years. However, two PSU bank stocks, Punjab National Bank and Bank of India, managed only 52% and 44% returns, respectively, in the given period. Despite the stellar returns PSU banks have given in the last couple of years, the sector can still outperform thei...

[hfe_template id='11223'] [ad_1] Equity indices remained unstable on Wednesday as Investors remained on the side-lines due to uncertainty around the election outcome as well as high volatility. In today's trade, shares of SBI, Asian Paints, BPCL, L&T, Bajaj Consumer, WPIL among others will be focused due various news developments and quarterly results. SBI, Asian Paints, BPCL, Indian Overseas Bank Shares of SBI, Asian Paints, BPCL, Indian Overseas Bank will be in focus as the companies will announce their March quarter results today. BSE Leading exchange BSE on Wednesday recommended payment of final dividend of Rs 15 per equity share of face value of Rs 2 each. L&T Infrastructure major Larsen and Toubro (L&T) on Wednesday posted 10% growth in its consolidated net profit at Rs 4,396 crore. Read more: Here's the trade setup for today's session TVS Motor TVS Motor recorded its highest ever revenue and profit in FY2023-24 and the company achieved a mi...