PSU stocks

PSU Stocks Rally Up to 6% on Revised Capital Restructuring Norms!

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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

PSU stocks HUDCO, Cochin Shipyard among 13 additions into FTSE All-World index

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PSU stocks HUDCO, Cochin Shipyard among 13 additions into FTSE All-World index

The global index provider FTSE said on Friday that 13 Indian equities were now included in the FTSE All-World Index. Large and mid-cap equities from several countries are included in this index; the most recent additions were from India. GE T&D India, Hitachi Energy India, Bank of Maharashtra, Bharat Dynamics, Central Bank of India, Cochin … Read more