PSUs

Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report

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Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report

The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage noted that institutional … Read more

Indian market rebounds after 3 days of losses: Which sectors should you bet on? Here’s what experts suggest

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Indian market rebounds after 3 days of losses: Which sectors should you bet on? Here’s what experts suggest

After experiencing three consecutive sessions of losses, Indian markets saw a rise of around one percent on Wednesday. This recovery was driven by a broad-based rally supported by positive global cues and the government’s proposal to restore indexation benefits on property sales, which boosted investor sentiment. Additionally, markets are keenly awaiting the Reserve Bank of … Read more

Privatisation not on hold but not a priority, DIPAM secretary Pandey says

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Privatisation not on hold but not a priority, DIPAM secretary Pandey says

New Delhi: Privatisation of central public sector enterprises has not been put on hold, but is not a priority under the government’s calibrated approach to disinvestment, said Tuhin Kanta Pandey, secretary of the department of investment and public asset management (DIPAM). He said that the focus will be on ‘value creation’ from disinvestment, dividends and … Read more

Why Samir Arora of Helios Capital is betting on travel and PSU stocks

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Why Samir Arora of Helios Capital is betting on travel and PSU stocks

A bulk of Arora’s own equity investments have been made through Helios’ funds. On the consumption side, he has turned cautious on traditional consumption themes such as consumer durables and consumer staple. Instead, he has now built up positions on a consumption sub-theme – travel. “Indian consumers want to spend more on experiences. We have … Read more