Page 2 - Bharat Electronics News Today

The company anticipates order inflow of around Rs 70,000 crore over the next two years compared with the previous forecast of Rs 50,000 crore. The revised outlook reflects a new order prospect of Rs 30,000 crore for the Quick Reaction Surface to Air Missile (QRSAM) from the Army and Air Force, expected to materialize in the next fiscal year.

Equity opportunities are available across countries and sectors, but we are most excited about India, said Nomura

The PSU Public Sector Undertaking stocks have become favourites among the stock market investors in recent months with many delivering substantial returns

Get latest articles and stories on Business at LatestLY. The PSU (Public Sector Undertaking) stocks have become favorites among the stock market investors in recent months, with many delivering substantial returns. The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfortable return to office Business News | PSU Stocks Continue to Outperform, Investors See PM Modi Coming Back.

The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfortable return to office.

Stocks such as Bharat Dynamics, RVNL, Mazagon Dock and Bharat Electronics were among the top gainers on Nifty 200 during this week.

While Shaktikanta Das steered Indian equity markets to new highs, Jensen Huang supported the US markets

Last week was eventful, though truncated. The BSE 500 index ended with an uptick of 664 points or 2%, following the footsteps of the headline index S&P BSE Sensex that gained 1,500 points or 2% to hit an all-time high of 75,636. The two defence PSU counters and railway play RVNL ended the week with an uptick of 35%, 32% and 27%, respectively.

The week gone by was highly volatile, with Nifty gaining 2.2% or 490 points in four sessions and hitting a lifetime high of 23,000. The week was also in the news for block deals involving over three dozen companies from large, mid and smallcap segments worth Rs 13,059 crore on screen.

The 23,000 level is expected to play a key role in the Niftys further direction, and sustaining this level can take the index towards the upper band of the Rising Channel (i.e., 23,100-23,200), followed by 23,500, with support at 22,800.