Many of the privately-run companies have been rightly priced (if not overpriced), and from a long-term perspective, while you want to keep your “core” portfolio around better-run private companies, the “satellite” part can still be favoured towards PSU stocks, Ahmed added.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created