During the election season, PSU stocks, also known as Modi stocks , surged in value by Rs 7 lakh crore as investors showed confidence in PM Narendra Modi s policies and leadership, especially in defence PSUs like Cochin Shipyard and Bharat Dynamics.
231 smallcaps suffer double-digit losses as investors sell in May . Will they come back in June? The stock market cliche of sell in May and go away proved true this year amid general election uncertainties. Concerns over BJP s election performance and significant volatility affected investor sentiments. Benchmark indices like Sensex and Nifty experienced slight declines.
Bharat Dynamics net profit in Q4 up by 89% y-o-y indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.
India Business News: The list of election season winners is dominated by shares of defence PSUs, which are among the primary beneficiaries of PM Modi's 'Aatmanirbhar Bhara