The 56-pack BSE PSU index has seen its total market value soaring 66% to Rs 59.5 lakh crore, giving investors a profit of Rs 23.7 lakh crore on current market prices. None of the PSU stocks in the list have given negative returns since PM’s speech less than 6 months ago. Even the worst performer SBI is up 12% while the top gainer NBCC has skyrocketed 249% in no time.
Nasdaq rebounds but posts fourth straight weekly decline
On Friday, technology stocks saw a significant rebound, boosting investor optimism about growth in artificial intelligence amidst recent market fluctuations. The semiconductor sector soared, primarily