![PSU giants roar back, match Nifty's decade returns](https://cdn.magzter.com/1547192204/1719168551/articles/CUATH9KW0ManZd87f8ysys/PSU-GIANTS-ROAR-BACK-MATCH-NIFTYS-DECADE-RETURNS.jpg)
The stock market performance of public sector undertakings (PSUs) has recently caught up with the overall market following a sharp rise. Over the past decade, the returns for the benchmark National Stock Exchange Nifty 50 and the S&P BSE PSU Index are now nearly identical.
Between 2013-14 (FY14) and 2019-20, the Nifty 50 increased by 28 per cent, while the BSE PSU index declined by 30 per cent. This disparity has been addressed thanks to a fivefold increase in the BSE PSU index since March 2020. During the same period, the Nifty 50 has risen by 2.75 times.
This story is from the June 24, 2024 edition of Business Standard.
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This story is from the June 24, 2024 edition of Business Standard.
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