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Dear Client,
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Since 1 January 2019, Nifty Public Sector Enterprise (PSE) index has corrected 24% as compared to 4% of Nifty 50. This implies that stocks in the PSU space have corrected sharply and are available at very cheap valuations. As of date, price/earnings (PE) ratio of Nifty PSE index stands at a very attractive 10x as compared to 26x of Nifty 50. PSU space is offering good stock opportunities & in this video we have discussed certain stocks wherein positions can be initiated:
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For any queries, please write to us at [email protected].
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We had release a video on factors which are making us bullish on ITC & Axis Bank last week. Incase- you missed it. You can access the same by clicking here for ITC and clicking here for Axis Bank.
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Warm Regards,
Prudent Research Desk
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[email protected]
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