India’s stockmarket swooned upon the information that Narendra Modi, the nation’s business-friendly prime minister, would return to energy diminished and in a coalition after a latest common election. One benchmark, although, fell particularly sharply and has but to recuperate: the Bombay Inventory Trade’s index for Public Sector Undertakings (BSE PSU). It contains 56 firms which have some personal possession however stay principally owned, and completely managed, by the state.
