Market Quote : Benchmark Indices staged a smart afternoon rally today with the help of PSU & Infrastructure stocks Says S Ranganathan, LKP securities
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Below The Quote on Market 07 September 2023 By S Ranganathan, Head of Research at LKP Securities
"Benchmark Indices staged a smart afternoon rally today with the help of PSU & Infrastructure stocks. With a 13.5% share of the market capitalisation, PSU companies have seen a robust jump from just over 9% in 2021even as several Midcap State Owned Entities have seen a multi-fold rise in their stock values during this period. ETF Flows during the late afternoon also helped Large-Caps recover lost ground."
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