Stock market volatility rising amid US-Iran war, crude oil price spike: Can PSU stocks offer a safe haven for investors?
The Indian stock market has been experiencing strong volatility due to the US-Iran war, soaring crude oil prices, the rupee’s weakness, and heavy foreign capital outflows. The prevailing market condition seems to have nudged investors towards PSU stocks. The BSE PSU index is up over 4% this year, while the equity benchmark Sensex is down…