Companies in the BSE PSU Index beat analysts’ expectations by a mere 1% in the three months ended December, the slowest pace in six quarters, according to data compiled by Bloomberg. That’s not enough to justify a rally that sent the gauge to a fresh record on Thursday, and has more more than doubled the measure’s market value to $750 billion in the past year.
Big movers on D-Street: What should investors do with Jio Financial, Tata Consumer and ZEE?
Stocks that were in focus include names like Jio Financial, which rose 0.14%, Tata Consumer, which gained 0.6%, and ZEE, whose shares jumped 3.8% on
October 21, 2024