“Allocate 35-40 % in banks, 15% in midcap software, 15 % in auto, 15% in profitable platform companies and 10% in new age digital companies,” says Dipan Mehta – Founder Director at Elixir Equities Pvt. Ltd.In an interview with ETMarkets, Mehta, said: “Banks, as this is the golden period for them with decent demand for … Read more
NEW DELHI: Benchmark indices registered gains of one-and-a-half per cent during a week that saw tech stocks in the US plunging sharply but spectacular performance by Reliance Industries kept the market buoyant. Among the outperformers of this week, most names belonged to the internet, pharma and technology sectors while PSU sectors and multiplexes were among … Read more
NEW DELHI: Hopes of an early breakthrough in Covid-19 vaccine development and better than expected quarterly earnings led equity indices about 3 per cent higher last week. Energy companies and banks performed well during the week as sluggishness in demand surfaced. It should be noted that while there has been a pickup in economic activity … Read more