Credit Suisse has turned neutral on the IT sector, and reduced recommendation on the healthcare sector to underweight. The relative price-to-earnings in the IT sector is now the highest since 2013 and gains will be growth-dependent from here, said Credit Suisse. The financial services company has reiterated strong overweight on banks. “Post a 37% bounce, … Read more
Mumbai: Investors with a high-risk appetite could consider allocating some money to the New fund offer (NFO) of Edelweiss MSCI India Domestic and World Healthcare 45 Index Fund. The new fund offer is currently open and it closes on October 20. This passively-managed fund aims to replicate the MSCI India Domestic & World Healthcare 45 … Read more
According to the responses, 94 per cent of respondents had concerns about visiting a hospital during the lockdown. (Representative image) By Anupama Joshi and Dr. Ankita Gulati COVID 19 has been unprecedented in its ramifications, bringing the world to almost a grinding halt in its wake. As a result, the world is being seen as … Read more