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Home >Markets >Mark To Market >News flow on privatization boosts PSU stocks, but some risks persist

News flow on privatization boosts PSU stocks, but some risks persist

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The government has set a target of raising Rs80,000 crore in 2018-19 by selling stake in state-owned firms, with strategic divestment of 24 CPSEs on the cards, and privatisation of Air India on track. Photo: Pradeep Gaur/Mint
2 min read . 03 Mar 2021 Pallavi Pengonda

  • The BSE PSU index has gained 27% in 2021, as opposed to an 8% increase in the broader BSE Sensex
  • In near- to medium- term, markets will be eyeing privatization of three entities: Air India, BPCL and LIC

Shares of public sector unit (PSU) companies are finally getting some limelight. The BSE PSU index has increased by as much as 27% so far this calendar year.

This compares well with nearly 8% increase seen in the broader BSE Sensex index.

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