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Why PSU Stocks Are on Fire? Are PSU Overvalued?
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PSU Stocks Rally: What’s Fueling the Surge? In 2023, Public Sector Undertaking (PSU) stocks took the stock market stage by storm, outshining the benchmark Nifty index. The Nifty PSE index soared by a whopping 79%, leaving the benchmark Nifty trailing at 19.8% in 2023. Astonishingly, one in three PSU stocks on the BSE...