Synopsis Many of the privately-run companies have been rightly priced (if not overpriced), and from a long-term perspective, while you want to keep your “core” portfolio around better-run private companies, the “satellite” part can still be favoured towards PSU stocks, Ahmed added. NEW DELHI: After waiting in the wings for years, public sector stocks (PSUs) are having their moment in the sun in a year when benchmark indices have been highly volatile. Often touted as wealth destroyers and mainly sought for their high-dividend yields, PSU stocks have surprised the Street by offering multibagger returns. The BSE PSU bank index has recorded 21% gains on a year-to-date (YTD) basis, beating Sensex’s 6% rise by a wide margin. Four stocks have rallied over 100% in this peri .. Read more at:https://economictimes.indiatimes.com/markets/stocks/news/after-quick-multibagger-returns-will-these-stocks-turn-into-long-term-misery-for-you/articleshow/95817127.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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