Monday, February 26, 2024

PSUs should be seen as a marathon, not a sprint: TRUST Mutual Fund’s Sandeep Bagla

PSUs should be seen as a marathon, not a sprint: TRUST Mutual Fund’s Sandeep Bagla Previously, there were concerns regarding government intervention, capital allocation, and agility within PSU firms. However, these perceptions seem to be getting cleared, paving the way for increased valuations and multiples.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/psus-should-be-seen-asmarathon-notsprint-trust-mutual-fund’s-sandeep-bagla_17477171.html

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RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...