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Trading-wise

Curious case of SBI and PSU Index

Long
Nifty PSU Bank Index (NSE:CNXPSUBANK)  
Trading-wise  
NSE:CNXPSUBANK   Nifty PSU Bank Index
Trend Analysis Beyond Technical Analysis
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trendanalysis beyondta
For the last few years PSU bank index moved in tandem with SBI.

SBI raises - PSU Bank Index raises
SBI Falls - PSU Bank Index falls.

While PSU bank Index fallen 500 points (14%) from March 2019
SBI has just fallen 20 points (6%) from March 2019

Even though BankNifty is beaten down SBI is standing tall. Expecting a good move in SBI after election.
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