Shares of PSU Bharat Heavy Electricals Limited (BHEL), which manufactures power generation equipment, has grown 77% so far in FY24, while JSW Energy is also up 75%. Investors are also paying attention to PSU utilities like NTPC and NHPC, which have given returns of 36% and 30% in FY24, as they look inexpensive and come with good dividend yields.
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,