SIP in PSU Bank Stock For up to 77% Gain: Market guru Anil Singhvi recommends investors to buy this scrip in dip; note down targets
SIP in PSU Bank: The Budget 2025 is just around the corner as Finance Minister Nirmala Sitharaman will present it on February 1, 2025. Today (Tuesday, January 28, 2025), the share market opened in green as the leading indices—BSE Sensex and Nifty 50—are positive. Amid such a backdrop, Zee Business managing director Anil Singhvi has picked PSU stock—Union Bank of India—and recommended making an SIP in a dip.
SIP in PSU Bank: In a special segment, Aapke Budget Mein Sasta Share, Zee Business managing editor, Anil Singhvi, recommended making an SIP in Union Bank of India in a dip. The market guru says that the bank's third-quarter results are better than expected, and its NPA also remains below the guidance level. He also highlighted other factors and suggested three target prices for the long term. The recommendation has come at a time when Finance Minister Nirmala Sitharaman is set to present Budget 2025 on February 1. Even as Singhvi recommends buying the PSU bank share, leading indices—BSE Sensex and Nifty 50—opened in the green today (Tuesday, January 28, 2025), bringing smiles to the faces of investors.
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