PSU stocks showing weakness, says CLSA
- Posted on October 12, 2024
- By Business News Today
- 2 Views
PSU stocks showing weakness, says CLSA
PSU stocks appear technically weak, with the BSE PSU index breaking below the 200-day moving average, indicating potential underperformance. Downside risks are noted in Coal India and Power Finance, with specific target levels for short selling and stop-losses highlighted by analysts from CLSA.