NLC India OFS: Retail investors and non-retail investors (who chose to carry forward their un-allotted bids) can bid in the NLC India OFS today. Data showed retail portion was subscribed 0.61 per cent at last count.
PSU stocks: Kotak said its analysis of PSU shares suggests that their outperformance may have been driven by a combination of improved fundamentals in a few cases, strong narratives and possibly low free-float in several cases
Unlike dividend yield, value portfolio has limited room for earnings upgrades to continue and the trade looks relatively more crowded. Hence, dividend yield seems to a better way to play value within PSUs, accotding to Bernstein.