Jefferies said the rerating in shares of public sector undertakings (PSUs) – the top performers in the past three months – has more legs citing cheaper valuations compared to the Nifty and the government’s focus on ‘value maximisation’ for these companies. SBI, Coal India, and NTPC are its top picks among state-owned companies.
Oil prices fall as progress in US-Iran talks eases supply concerns
Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear
April 21, 2025