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ONGC, Oil India shine among OMCs; won’t make money by blindly buying PSU stocks at this level: Chakri Lokapriya
The PSU sector has gained attention, but the market cap and valuations of individual stocks are not overheated in the long-term context. Now we can expand the story to many of the other stocks in the PSU space. While many PSU stocks have seen significant gains in the past year, caution is advised in blindly buying at current levels.