Bullish on PSU banks: Raamdeo Agrawal, Motilal Oswal Financial Services

I would start with PSUs right now because if there is a rally in the treasuries or if there is any softening of the policy on the rate hike side, those are the ones which will respond very first.

| Updated: Aug 08, 2011, 11.03 AM IST

In an interview with ET Now, Raamdeo Agrawal, Director & Co-Founder, Motilal Oswal Financial Services, talks about the value picks in the current market turmoil. Excerpts:

In banks do you recommend PSUs or would it be private banking blue chips?

I would start with PSUs right now because if there is a rally in the treasuries or if there is any softening of the policy on the rate hike side, those are the ones which will respond very first.

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