Fitch believes that political support in favour of legislative changes to the Act, which are required in order to go through with the sale, could be a significant hurdle for the government.
An ICICI Securities report said that although the Nifty50 is down around 2 per cent from its recent peak, there is no sign of any sharp increase in risk aversion.
This list would focus on profit making entities operating in non-core areas that could help the government realise better valuations and good investor interest.
Unveiling the PSE policy in Budget 2021-22, Finance Minister Nirmala Sitharaman said barring four strategic areas, public sector companies in other sectors will be divested.