Bull Run in PSU Shares Faces Earnings Risk | Indian News | India Business News – Times of India
[ad_1] The sizzling rally in India’s state-owned firms may be at risk of sputtering as earnings momentum fizzles and technicals show the run is now looking stretched.Companies in the BSE PSU Index beat analysts’ expectations by a mere 1% in the three months ended December, the slowest pace in six quarters, according to data compiled…