Market experts recommend a hold strategy for PSU stocks like Bank of Baroda, Canara Bank, and Bharat Dynamics Ltd.
Bank of Baroda is seen as a solid hold by analysts due to its favorable valuations and fast growth within the sector.
Canara Bank is highlighted as one of the strongest banks in the PSU space with cheap valuations and stable asset quality, suggesting a hold for one to two years.
For Bharat Dynamics Ltd., a defense PSU, caution is advised in the near term but long-term conviction remains, with a rebound target set at Rs 1,900.