Discover how railway PSUs like Rail Vikas Nigam are outperforming in the Indian equity market! ๐๐ฐ
The Indian equity market witnessed a notable surge with stocks like IRFC (Indian Railway Finance Corporation) and Rail Vikas Nigam leading the gains in the Nifty 200 index. Despite global uncertainties and lackluster earnings affecting other sectors, railway PSUs stood out with impressive growth rates. Small-cap stocks, particularly in the railway sector, have outperformed the Sensex, showcasing the resilience of these companies.
During the past week, alongside IRFC, Rail Vikas Nigam, ONGC, and Polycab India were standout performers. The resurgence of financials, automobile, metal, and state-owned companies played a significant role in driving the market rally.
This positive momentum in the Indian equity market marks a rebound after a brief downturn, emphasizing the strength of railway PSUs in times of volatility. While other sectors struggled to gain momentum, railway stocks like Rail Vikas Nigam have proven to be reliable performers in the market.
Railway PSUs like Rail Vikas Nigam have demonstrated resilience and robust growth amidst market fluctuations, making them attractive investment options. With a focus on infrastructure development and government support, these companies are poised for continued success in the Indian equity market.
During the week, stocks such as IRFC, Rail Vikas Nigam, ONGC and Polycab India were among the top gainers on Nifty 200.
Indian equity benchmarks rebounded strongly after a three-day losing streak, primarily driven by the rise in financials, automobile, metal, state-owne.
The frontline indices grappled to gain momentum amid global uncertainties and lacklustre earnings. Despite this, railway PSUs have emerged as robust ...