PSUs should lead this leg of the rally: Sumeet Rohra
“PSUs in India are just about to break out and once the PSU index crosses about 10,500-11,000, we would have got a 40-50% upside in PSUs. So, broadly the market remains range bound with an upward bias but PSUs should lead. The earnings momentum is going to be very strong but pockets of safety in the public sector are very attractive. While rates are climbing, I would prefer value.”