PSU stocks: There is room for at least 20-25% upside in PSU stocks: Siddhartha Khemka

PSU stocks: There is room for at least 20-25% upside in PSU stocks: Siddhartha Khemka

Siddhartha Khemka, Head-Retail Research, MOFSL, says “the quarterly results would be the next trigger for the market. In terms of overall valuations, we see that markets are comfortable, especially the large caps. The Nifty is trading at a one-year forward PE of 19-19.5, which is still at a discount to its last 10-year average of … Read more