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The Economic Times

Business / The Economic Times

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PSU banks and capex stocks leading market gains: Dipan Mehta

Indian markets show strong performance in PSU banks, capital goods, and infrastructure. Dipan Mehta highlights PSU banks closing valuation gaps with private peers. Capital goods firms benefit from robust order books and capex cycles. FMCG stocks face caution due to slow growth. Infrastructure and engineering companies with diversified orders, like L&T, are favored.

18 Feb 2026 11:55 am