Ace investor Rakesh Jhunjhunwala said on Thursday that he believes that public sector banks (PSBs) are “hopelessly undervalued", and he sees a “very big commodity bull run" in commodities.
Opportunity in PSBs
Speaking at the India Economic Conclave along with Madhusudan Kela, the billionaire investor said he is bullish on government banks. “I feel the most undervalued banks are in the public sector.
