Psu Stocks
RVNL gains 3% after bagging Rs 18-crore order from East Central Railway
"It is hereby informed that Rail Vikas Nigam Limited has received a Letter of Acceptance from East Central Railway," the filing read
 "RVNL gains 3% after bagging Rs 18-crore order from East Central Railway")
PSU stocks rally; RITES, Indian Bank, Bharat Dynamic, RVNL surge up to 13%
At 10:20 AM, the BSE PSU index, the top gainer among sectoral indices, was up 3.5 per cent at 19,856, as compared to the 1.5 per cent rise in the BSE Sensex
 "PSU stocks rally; RITES, Indian Bank, Bharat Dynamic, RVNL surge up to 13%")
This PSU metal stock has zoomed 170% in one year; trades at new high
NALCO shares continued their upward movement hitting a new high at Rs 252.65, up 5% in intra-day trades and have surged 15% in the past 3 days after China said it would cancel export tax rebates.
 "This PSU metal stock has zoomed 170% in one year; trades at new high")
Market crash;11 of 17 Nifty sector indices in correction mode auto, PSU hit
An index or a stock is said to be in a 'correction' phase when it has dipped over 10 per cent and up to 20 per cent from its recent peak level. A 20 per cent or more fall is termed as a 'bear' phase
 "Market crash;11 of 17 Nifty sector indices in correction mode auto, PSU hit")
RVNL, RITES, SAIL decline up to 8% in weak market; BSE PSU index slips 3%
PSU stocks were under pressure amid wider weakness in the market, with the BSE Sensex and Nifty 50 declining nearly 1% each
 "RVNL, RITES, SAIL decline up to 8% in weak market; BSE PSU index slips 3%")
NBCC shares climb over 8%; here's what's driving the Navratna stock
BSE analysts reflect that this Navratna stock has yielded a multibagger return year-to-date with a rally of 129.98 per cent
 "NBCC shares climb over 8%; here's what's driving the Navratna stock")
Stocks to Watch on Budget 2024 day, July 23: Defence, Railways, Banks, Agri
Stocks to Watch today, July 23, 2024: The Narendra Modi-led Bharatiya Janata Party (BJP) is all set to present its first Budget under its third term
 "Stocks to Watch on Budget 2024 day, July 23: Defence, Railways, Banks, Agri")
MTNL stock soars 19% as govt deposits Rs 92 cr to pay bond interest dues
In past four trading days, the stock has zoomed 50% on reports that the government was considering the option of handing over operations of telecom company to Bharat Sanchar Nigam Limited (BSNL).
 "MTNL stock soars 19% as govt deposits Rs 92 cr to pay bond interest dues")
Kotak MF launches BSE PSU Index Fund; currently comprises 56 PSU stocks
BSE PSU Index has doubled in the last one year, owing to strong momentum in PSU stocks
 "Kotak MF launches BSE PSU Index Fund; currently comprises 56 PSU stocks")
101 BSE stocks now in Rs 1 trillion market cap club; RVNL, MDL new entrants
RVNL, MDL, Samvardhana Motherson International, Cummins and Indus Towers, have joined the elite club in CY24; These stocks have surged up to 174% thus far this year.
 "101 BSE stocks now in Rs 1 trillion market cap club; RVNL, MDL new entrants")
Geopolitics remains by far the biggest risk to markets, says Chris Wood
Back home, the midcap segment, Wood said, remains vulnerable to a correction. He believes there will also be a temptation for investors to tilt the portfolio more towards consumption plays
 "Geopolitics remains by far the biggest risk to markets, says Chris Wood")
Mazagon Dock Shipbuilders hits 52-week high on bagging 'Navratna' status
The stock price came after the company bagged "Navratna" status from the Department of Public Enterprises, becoming India's 18th public sector undertaking (PSU) to receive this recognition
 "Mazagon Dock Shipbuilders hits 52-week high on bagging 'Navratna' status")
Marching in lockstep: PSU giants roar back, match Nifty's decade returns
Once left behind, PSU stocks close performance gap after 6-year slump
 "Marching in lockstep: PSU giants roar back, match Nifty's decade returns")
Will Modi 3.0 spur rally in PSU stocks again? Selectively, say analysts
PSU stocks to buy: Analysts caution that premium valuation of PSU stocks may lead to limited upside from here
 "Will Modi 3.0 spur rally in PSU stocks again? Selectively, say analysts")
Fund managers pruned PSU exposure ahead of election result-day crash
Sold shares of 9 PSUs worth Rs 9,570 crore in May
 "Fund managers pruned PSU exposure ahead of election result-day crash")
Railway stocks rebound up to 22% on hopes of BJP leading NDA coalition
Railway stocks had corrected sharply on Tuesday after the results of 2024 Lok Sabha elections showed that the BJP had failed to cross the halfway mark of 272-seats
 "Railway stocks rebound up to 22% on hopes of BJP leading NDA coalition")
848 stocks hit lower circuit on June 4 post LS polls. Here is what it means
BHEL, Bharat Electronics, Adani Ports and Special Economic Zone, REC, Power Finance Corporation (PFC) from the future & option (F&O) segment stocks tanked 25 per cent
 "848 stocks hit lower circuit on June 4 post LS polls. Here is what it means")
LS poll impact: PSU shares in free fall mode; most stocks hit lower circuit
Government-owned shares witnessed intense selling pressure as analysts feared that the relatively poor showing of the Modi-government may impact its reforms agenda.
 "LS poll impact: PSU shares in free fall mode; most stocks hit lower circuit")
PSU stocks climb up to 9% as exit polls predict landslide victory for BJP
Shares of state owned companies cracked the upper ceiling on the BSE in Monday's early trades. The BSE CPSE index was up 6.9 per cent at 4,389 levels
 "PSU stocks climb up to 9% as exit polls predict landslide victory for BJP")
RIL, Bharti Airtel: What are Modi stocks, and why is CLSA bullish on them?
Within this basket of Modi stocks, the preferred BUYs for CLSA India analysts are ONGC, NTPC, NHPC, SBI, Power Finance, IGL and Mahanagar Gas in the PSU space
 "RIL, Bharti Airtel: What are Modi stocks, and why is CLSA bullish on them?")
