Anand Rathi Research has reaffirmed its bullish outlook on Union Bank of India, reiterating a BUY call with a 12-month price target of Rs 168.

Public sector banks were among major losers on Friday with Central Bank, UCO Bank, Indian Overseas Bank and IDBI Bank down by over 4 percent.

Public sector banks were trading positive on Friday with Bank of India, Union Bank, Indian Bank and IDBI Bank shares trading positive. SBI, Bank of Baroda and PNB were trading marginally higher.

Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open positive today.