Investors With Risk on Their Mind Bail Out of Favorites

Investors With Risk on Their Mind Bail Out of Favorites

Shares of defence firms, Public Sector Undertakings (PSUs), and firms deriving business from Railways-the darlings on Dalal Street in the recent run-up- tumbled on Tuesday as investors dumped them with risk aversion gripping the stock market. Analysts said concerns that many of these stocks were overbought following recent gains weighed on investor sentiment. Among defence stocks, Bharat Electronics…

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TIS Staff

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