Oil India

Rising crude prices get Oil India a re-rating; analysts see 55% upside

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Rising crude prices get Oil India a re-rating; analysts see 55% upside

NEW DELHI: Gradual but rapid rise in crude oil prices and petroleum products may have put strain on the foreheads of Indian policymakers, but there is one section on Dalal Street who is not complaining. Oil explorers are set to gain from the swift climb in the global crude prices and some of them have … Read more

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

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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