In another couple of days, even PSU banks could join the market rally: Sudeep Shah

Sudeep Shah from SBI Securities analyzes the smart rally in Nifty driven by banking, especially ICICI Bank and Axis Bank. The Bank Nifty is expected to rise to 48,700-48,900, supported by private sector banks. PSU banks may also join the rally soon. Shah also recommends two stocks -- Adani Enterprise and Axis Bank.