Dipan Mehta is bullish on PSU banks, expecting their rerating to continue as they close the valuation and performance gap with private sector banks. He notes improved balance sheet quality and a return to growth mode, though he cautions about the challenge of sustaining current Net Interest Margins (NIMs) in a competitive environment.

Dipan Mehta’s track record: 12 graded calls · 95% CI 25–75%

Nifty PSU BankBullishCalled 18 Feb 2026Graded 19 Jul 2026
Verdict:MISS

Nifty PSU Bank declined from ₹9505.95 to ₹8231.65, a decrease of 13.41% in 30 days, which contradicts the bullish outlook.

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