Yahoo Equity Symbol | NSE Public Sector Enterprises Index Shares | 21Dec16 Chart Strength |
BEL.ns | Bharat Electronics | 8 |
BHEL.bo | BHEL | 21 |
BPCL.ns | BPCL | 2 |
CoalIndia.bo | Coal India | 24 |
CONCOR.bo | Container Corporation of India | 25 |
ENGINERSIN.ns | Engineers India | 1 strongest |
GAIL.NS | GAIL | 11 |
HINDPETRO.ns | HPCL | 4 |
IFCI.ns | IFCI | 19 |
IOC.ns | IOC | 5 |
NATIONALUM.bo | National Aluminium Co | 6 |
NHPC.ns | NHPC | 9 |
NMDC.ns | NMDC | 13 |
NTPC.ns | NTPC | 10 |
OIL.ns | Oil India | 17 |
ONGC.ns | ONGC | 16 |
PFC.ns | Power Finance Corporation | 15 |
POWERGRID.ns | Power Grid Corporation of India | 12 |
RECLTD.ns | Rural Electrification Corporation | 23 |
SAIL.ns | Steel Authority of India | 18 |
^CNXPSE | Nifty Public Sector Enterprises Index | 80% |
Yahoo Equity Symbol | Ex-Public Sector Enterprises Index Shares | 21Dec16 Chart Strength |
CHENNPETR.ns | Chennai Petroleum Corporation | 14 |
MTNL.ns | MTNL | 20 |
MRPL.ns | Mangalore Refinery and Petrochemicals | 7 |
ORIENTBANK.bo | Oriental Bank of Commerce | 22 |
PETRONET.ns | Petronet LNG | 3 |
- Stocks trading above 200 day moving average
Shares are shown in blue colour - Stocks trading below but close to 200 day moving average
Shares are shown in orange colour - Stocks trading much below 200 day moving average
Shares are shown in red colour
Nifty Public Sector Enterprises technical trend
21 December 2016
Out of 20 Nifty PSE index stocks 16 are trading above 200 day moving average.
That means 80% of Public Sector Enterprises stocks are trading above 200-dma.
Most of the time Private sector stocks outperform Public sector stocks.
But recently Public sector is in the upswing dominated by Oil & Gas stocks.
Outperformers: Engineers India, BPCL, Petronet LNG, HPCL, IOC.
Underperformers: CONCOR, Coal India, Rural Electrification Corporation.