The Indian rupee opened at 80.94 per dollar on Monday, up 18 paise from the previous close of 81.12 per dollar. The local unit is below the 81 mark for the first time since 1 December 2022. Rupee is expected to appreciate against the greenback on the back of rising risk appetite in the domestic […]
This has been the best year for public sector unit (PSU) indices in a decade. The PSU index, comprising 56 listed firms, rallied over 53% in CY23. The other public sector index, BSE CPSE index with 57 stocks, has done even better, rising 71.7%. This is more than double of the benchmarks’ Sensex and Nifty-50, […]