New Delhi: On the last trading day of the week, Friday, the stock market once again closed with a decline. The major benchmark index Nifty closed at the level of 23587 with a decline of 364 points. The selling in IT and financial sector stocks is being cited as the main reason behind this big decline in Friday's session.

Actually, the decline in IT and financial sector stocks is happening due to the possibility of slow interest rate cuts by the US Federal Reserve next year i.e. in 2025.

Well, in the midst of this declining market environment, according to a data from Stock Edge, during the last 1 week and 3 months of market decline, there were 4 stocks of BSE PSU Index whose performance has been excellent. These four PSU stocks have also given positive returns to the investors.
 

General Insurance Corporation share

The first stock of the BSE PSU Index is General Insurance Corporation. It has given a return of 2.8% in the last 1 week and a return of 15.1% in the last 3 months. During this period, the BSE Sensex has fallen by -2.6% in the last 1 week and has slipped by -4.8% in 3 months.

Mazagon Dock Shipbuilders Share

The next PSU stock is Mazagon Dock Shipbuilders. The stock has given a return of around 1.7% in the last one week whereas the stock price has appreciated by 24% in the last 3 months. During this time period, the BSE Sensex index has slipped by -2.6% in the last one week whereas it has fallen by -4.8% in 3 months.

Rashtriya Chemicals & Fertilizers Shares

The next PSU stock is Rashtriya Chemicals & Fertilizers which has given a profit of 0.9% in the last one week whereas the share price has slipped by -3.6% in the last 3 months. During this period, the Sensex index has given a negative return of -2.6% in the last one week whereas the return of the last 3 months has given a negative return of -4.8%.

Bharat Dynamics Share

PSU stock Bharat Dynamics has given a marginal return of 0.5% in the last 1 week whereas in the last 3 months when the overall market was falling, this stock has given a return of 9.8%.