PSUs throw 24 winners with up to 109% gains, 36 washouts in 2025. Bet on budget buzz or avoid?

PSU stocks saw mixed results in 2025. Metals, PSU banks, and defence sectors performed well. However, power, railway, and NBFC sectors faced declines. Market participants anticipate Budget 2026 to boost state-owned firms with increased government spending and policy continuity. Investors are watching for further action in these stocks.