More pain in store for PSU Banks: Mitesh Thacker

In a chat with ET Now, Sandip Sabharwal, asksandipsabharwal.com, shares his view on PSU Banks.

ET Now: More sluggishness for PSU banks come tomorrow?

Mitesh Thacker: I would agree with that statement. Very clearly, that is one area which has been showing underperformance and lot of stocks are making fresh lows which should lead to further supply emerging. So, I would be comfortable saying that yes that is the very likely outcome over.