BPCL, IRCTC: 5 PSU stocks to include in your portfolio ahead of Budget 2021

PSU stocks like IRCTC, BPCL, RCF, and RITES have not seen aggressive selling pressure. A small recovery may see a strong bullishness going forward

As India gears up for a "never before" Union Budget for financial year 2021-22, hopes run high that the government could loosen its purse strings to spur the economic growth. One such way -- divestment of Public Sector Undertakings (PSUs) -- has turned investors towards such stocks. In the past, the government raised money by asking bigger PSUs to acquire smaller peers in its sector, or by selling stake in PSUs to the state-owned Life Insurance Corporation.

"PSU sector could be in focus by pushing them to perform in a market like manner. This could be done by giving their