Jefferies bets on PSU stocks
Jefferies' top PSU picks are SBI, Coal India and NTPC, while BSE PSU Index PE at 12.1 times is a 40% discount to Nifty 50
Jefferies' top PSU picks are SBI, Coal India and NTPC, while BSE PSU Index PE at 12.1 times is a 40% discount to Nifty 50
Airtel, Vi in red, RIL gains after spectrum auctions approved at ₹96,317.6 cr base price
Tata Motors' market share in the country's fast-growing EV segment is 75%.
More than a dozen Nifty 50 Stocks have failed to deliver returns that a fixed deposit account would have delivered in a year.
Composition of the index is a key matrix that is keenly observed by smart money.
Indian stock market saw a resilient performance, with bluechip index Nifty 50 registering a return of 3.7% in first 9 months of fiscal year
Indian equities are less likely to outperform for the third successive year, says Goldman Sachs.
Paring some of early gains, the BSE Sensex ended 1,016 points, or 1.80%, higher at 57,427, and the Nifty50 index climbed 276 points, or 1.64%, to 17,094.
Sensex and Nifty are poised to open higher on Wednesday, tracking mixed cues from global peers and positive trends on SGX Nifty Futures
Investors should think about putting money to work when equity share prices are usually depressed, suggests Trideep Bhattacharya of Edelweiss Mutual Fund.