My Capital Choice

Sinking PSU Eroded Investors wealth Hello readers, This blog I was planed in Feb 2020 but due to some reasons it was late but I am thinking for any start it is  'NEVER TOO LATE'. ONGC India's most valued PSU's Stock price touch 15 years low recently.  The combined market capitalization of 62 PSUs, at around Rs 15.4 trillion, is the lowest in nearly four years and excluding State Bank of India, their market capitalization is the lowest since March 2009 (see chart). The PSUs’ market capitalisation is down 17.6 per cent in the current fiscal year, against a 4.3% rise in the benchmark NSE Nifty50 index during the period.  Excluding SBI, PSU Index 28% down in past 3 years becoming biggest wealth destroyer.  M-Cap                       Time 19.2 trillion rupees Mar-17 15.4 trillion rupees  18-Feb-2020 Below is top 5 PSU's  by M-cap Top 5 wealth destroyer in last 3 years Highest PE ratio among PSU's

What is an IFSC and how does it work? Gujarat International Finance Tec-City Co. Ltd  is being developed as the country’s first international financial services centre (IFSC).   The BSE will invest Rs150 crore in Gujarat’s GIFT City to develop India’s first international financial services centre (IFSC) What is an IFSC? An IFSC caters to customers outside the jurisdiction of the domestic economy. Such centres deal with flows of finance, financial products and services across borders. London, New York and Singapore can be counted as global financial centres. Many emerging IFSCs around the world, such as Shanghai and Dubai, are aspiring to play a global role in the years to come. An expert panel headed by former World Bank economist  Percy Mistry  submitted a report on making Mumbai an international financial centre in 2007. However, the global financial crisis that unfolded in 2008 made countries including India cautious about rapidly opening up their financ