21 Sep 2025 | 5 Mins Read

PSU banks and defence sector stocks continue to surge

Flipitmoney

- PSU banks may continue leading the Nifty's outperformance, while defence stocks show signs of exhaustion after a strong rally. - Smallcap 250 index approaches the 19150 resistance zone, potentially leading to a breakout towards 20950. - India VIX remaining at multi-year lows suggests investors are comfortable with prices, but may elevate risk of a market downturn.