PSU Stocks Rally Up to 6% on Revised Capital Restructuring Norms!
The government changed its capital restructuring guidelines after eight years, which caused shares of public sector enterprises to soar. The Nifty PSE index, which represents 20 state-run enterprises in India, is currently up more than 2%, with gains ranging from 0.5% to 5.5% for each of its constituents. The shares of REC, PFC, and BHEL … Read more
