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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Bulls return to D-Street as falling oil prices ease geopolitical jitters

Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. T...