Investing in PSU stocks? 5 stocks with dividend yields between 4.3 to 8.7%, especially when valuations have inched up

Stock price and dividend yields have an inverse relationship. But before this inverse relationship kicks in, there is a level of equilibrium. Now this equilibrium level is subjective, and moves in tandem with the risk-free interest rate which an FD provides. Now, there is another equilibrium level which mathematical equations don't solve. Consider stocks with a reasonable probability of outperforming in a bearish market. The use of the word reasonable brings in the subjective element. With interest rates on FDs hovering above 7%...