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  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        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.