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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Global Market Today: Asian stocks rise after tech-led rebound in US

Asian markets opened higher today. Technology shares led the gains, boosting Wall Street. This rally eased worries about artificial intellig...