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Top News In Defence Stocks Today - Breaking & Trending Today

Will the rally in PSU and pharma baskets continue? Ashi Anand weighs in

“The pain of very large corporate NPAs that they recognised over the last four-five years has now gone away and they are going through a period of normalisation. We are a little more comfortable with the higher-quality PSUs and I think SBI clearly stands out out there.” ....

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value buying: Can there be value buying in HDFC Bank? Should one go for upstream oil cos? Nitin Raheja answers

Nitin Raheja discusses challenges faced by OMCs, the pressure on HDFC Bank, re-rating of defence stocks, performance of upstream oil companies, and the positive outlook for the pharma sector. Coming to HDFC Bank, he says we are getting to that stage where there is clearly value sitting there. It is only a question of when you start seeing the flow ease off and I think that will happen sooner than later. ....

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Momentum funds dragged down by market volatility, PSU stocks

The net asset value of momentum funds has taken a hit as they consist of several fancied PSUs such as PFC, REC and IRFC. Public sector companies have been the worst hit in the recent broader market meltdown ....

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PSU rail, bank, and defence stocks rally up to 15% after Monday's crash

PSU bank stocks such as Punjab and Sind Bank, Central Bank of India, Bank of Maharashtra, UCO Bank, and Indian Overseas Bank surged by 4-6%. Bank of India and Punjab National Bank (PNB) also rose over 3%. ....

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defence stocks: Quite bullish and overweight on pharma stocks: Vikas Khemani

We are fairly large overweight on pharma if I remember correctly in different-different funds, but we have like upwards of 20% weight in some of the pharma and API space. ....

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