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BJP victory in Maharashtra boosts PSU stocks amid cautious market optimism

BJP's decisive victory in Maharashtra has invigorated equity markets, particularly benefiting public sector undertakings (PSUs) amid hopes of renewed government spending on infrastructure. While sectors like capital goods and construction may see a boost, high valuations in defence and railways could hinder their recovery. Cautious optimism prevails as some sectors prepare for a turnaround, while others await further catalysts.
Moneycontrol
Astral Limited Dixon Tech Kotak Institutional Equities IND Show more
Finance & Economy, Market Report
02:59 26.11.2024
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