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Financial Nifty PSU Bank
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According to the technical analyst, traders should adopt a strategy of purchasing near support and selling near resistance for the Nifty financial services index
 "Here's what Ravi Nathani recommends on the financial sector")
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According to the technical analyst, the Nifty Private Bank, PSU Bank and Financial Services indices may extend the pullback in the near term.
 "Here's why Ravi Nathani is optimistic on the financial sector")
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On Friday, the government came up with an interim framework for resolving financial stress in financial service providers (FSPs) through a structured resolution and liquidation proceedings.
 "Essar Steel case verdict a big positive for banks; SBI top pick: Analysts")
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SBI, PNB, Bank of Baroda, Bajaj Finance, Indiabulls Housing, Manappuram Finance, DHFL, Bajaj Finserv and M&M Financial were up in the range of 2% to 5%.
 "Financials gain amid easing liquidity; Nifty PSU Bank index rises 2%")