PSE SPACE

See, the good part is that the election has voted for continuity. So, there is no change in the ruling regime, so that is a big positive because what the market and the economy were expecting is continuation of the growth policies for various segmen...

“With the entire PSE space in momentum, IREDA stock is on the verge of giving a consolidation breakout. Traders can buy for a target of Rs 200 in the next 2-3 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financi...

Nifty hit a high soon after opening but could not maintain the altitude due to selling pressure. It dipped into negative and closed with a loss.

Aditya Arora of Adlytick maintains a cautious view on the market due to the lack of broad-based rally. Smallcaps are correcting while safe havens like gold and pharma are performing well. Money can be made on the long side of the pharma space and th...

​It usually does not unwind in a matter of days. It takes several months of consolidation before you can actually take out the highs of such a point where such an event has actually happened.

In the past three months, the Nifty PSE index surged close to 48%, while the Small-cap 250 and Mid-cap 100 indices rose about 21%. Analysts said the rally in public sector stocks has led to a surge in participation by individual traders, who have mo...

The companies that saw profits grow faster than sales were REC, Power Finance Corporation, Coal India, NTPC, Bharat Electronics, IRCTC, Container Corporation of India, Gail India, and Oil and Natural Gas Corporation.

The Nifty traded in a capped range in the first half of the session but managed to end the day with gains.

ONGC, Indian Oil, Power Finance Corporation (PFC), REC, SAIL, General Insurance, Oil India, and New India Assurance are among the PSUs trading below their book value. ONGC, which rallied 10% in the last six months, is trading at a book value of 0.71...

The policy, she added, "is not a crazy rushing out to sell everything..nor it is saying that the government will run the business of producing pins to crops to everything. So where the government doesn't have to be, it won't. But where because of st...

The oil & gas stock hit a 52-week high of Rs 399.80 on January 31, 2022, but failed to hold on to the momentum. The stock bounced back after hitting a low of Rs 288 on October 20, 2022.

"It is now time for PSEs to show that you are very keen to improve on your professionalism as much as you have done between 1991 and now. And where possible, in order to bring down the overheads, it might be worth looking at private participation to...

Weekly options data show high call writing activities between 17,800-18,000 levels. This means that there are very little chances of Nifty moving past this zone in the next week. The downsides too may be limited; Nifty is likely to continue to stay ...

Given the next week’s options data, the levels of 17,600 will act as an inflection point as it holds the highest Put and Call OI accumulation

The new Public Sector Enterprise (PSE) policy for Aatmanirbhar Bharat, which classifies public sector commercial enterprises as strategic and non-strategic sector, would be limited to central public sector enterprises, public sector banks and public...

Strategic disinvestments of Air India, Bharat Petroleum Corp Ltd, Shipping Corporation of India and BEML announced during FY21, are in various stages of advancement. The government is expecting to conclude these transactions in FY22.

Under the policy, a list of strategic sectors will be notified where there will be at least one and a maximum of four public sector enterprise, apart from private sector companies.

Though there is tremendous untapped value in the PSU space, investors should not jump in to buy anything and everything. Here is a list of stocks with at least 15 buy recommendations and with at least 20% potential upside from current levels.

The Department of Investment and Public Asset Management (Dipam) is expected to shortly finalise a draft that will designate various sectors as strategic or non-strategic, officials told ET. Banking, petroleum, atomic energy, defence, space, and por...