💨 Abstract

India's listed public sector companies' stocks have fallen about 30% from their peaks last year, compared to the Sensex's 13% decline. This has resulted in a significant loss of market capitalization, amounting to Rs 13 lakh crore. The exaggerated fall signifies a return to reality after a sentiment-driven rise in these stocks throughout 2023 and much of 2024.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖