[ad_1] Market experts highlighted that there was a rampage in corporate earnings growth, with the 23-24 per cent year-on-year (YoY) earnings per share (EPS) forecast for the Nifty 50 index. Investors became richer by ₹128.77 lakh crore in FY24, driven by strong macroeconomic fundamentals of the Indian economy, increased foreign capital inflows and promising corporate growth earnings. Large caps recorded a hefty 33 per cent return in FY24, midcaps…
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[ad_1] This performance is particularly noteworthy given the pressure PSU stocks faced before embarking on their bullish momentum in 2020. The BSE PSU index, a barometer of public sector enterprises’ performance, zoomed from 9,497 points to 18,274 points, translating into a stellar gain of 92.4%. The government’s accelerated capex spending, coupled with sector-specific reasons, has helped PSU stocks achieve record gains in FY24. In the recent interim budget (FY24-25),…
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