Investors are flocking to PSU stocks again, but can they retain the momentum?

Investors are flocking to PSU stocks again, but can they retain the momentum?

The total market capitalization of the PSUs where the government holds more than 51% was Rs 16.9 lakh crore as on December 29 compared with Rs 12.5 lakh crore at the end of June 2020. Synopsis Over the past decade, the BSE PSU index contracted by 38% whereas the benchmark Nifty 50 rose by 128%. … Read more