Investors do not appear to be fired up to invest in PSU stocks even after the Finance Minister announced that the Government planned to raise Rs 30,000 crore through disinvestment during the coming year.
Though 55 stocks out of the 60 stocks in the PSU index of BSE were in positive territory, there was no indication of any run away gains among even potential disinvestment candidates.
Among the PSU stocks that were industry related (and not banking that make much of the PSU index in BSE), BEML was up by Rs 14.95 at Rs 696.80, Coal India gained Rs 6.65 at Rs 347.40, GAIL gained Rs 3.60 at Rs 378, Bharat Electronics was up by Rs 33.90 at Rs 1660 and MMTC was up by Rs 10.60 to trade at Rs 838.
However, NMDC was down by Rs 5.30 at Rs 166.15, Container Corporation shed Rs 1.05 at Rs 869.95 and Nalco was down by 50 paise at Rs 58.40.