State Bank of India (SBI) can touch Rs 2300, says Amit Harchekar of IIFL. HDFC, State Bank of India or PNB are looking extremely good and volumes are going up with the uptick. So I believe PSU banks are likely to outperform the market and if Nifty manages to sustain above 5,550 you can expect a further upside of 5-6% on all these counters.