Pre-budget rally in PSUs, defence & railway stocks a damp squib in last 6 budgets. Where to spot opportunities?
- Posted on January 14, 2025
- By Business News Today
- 1 Views
Pre-budget rally in PSUs, defence & railway stocks a damp squib in last 6 budgets. Where to spot opportunities?
PSUs, defense, and railway stocks have shown mostly negative returns in the fortnight before the budget over the last six years. PSU stocks performed poorly in five out of six budgets, while railway and defense stocks have also been lackluster, except during the 2024 interim budget.