If you have joined late in the rally with FOMO, fears you have now are natural and you must seriously think to hedge or drastically reduce your position in stocks that has outrun its course. On the contrary if you are sitting with 2x to 4x profits, like in any investment decision, you can take some money out partially while the party is still on.
Not all PSUs are overvalued or have preformed as much as the stocks you have named. Stocks like ONGC/NTPC/Coal India/Power Grid/NMDC/PSU Banks still have legs in this PSU rally and cannot be manipulated as much its smaller peers.
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