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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Rupee ends weak at 90.19 against the dollar, bond yields rise

The Indian rupee weakened slightly on Tuesday, closing at 90.19 against the dollar. This dip followed news that Indian bonds will not be inc...