Synopsis After months of relentless rally, last week mid-cap stocks witnessed some correction. Will this correction last longer would become clear in the coming few weeks as the earning season gets kicked off, analysts are bullish on select midcap stocks which have seen their score improving. Stocks from sectors like financial services, logistic are on … Read more
Varun Lohchab, Head of Research- Institutional Equities, HDFC Securities, says “Axis Bank, ICICI Bank, Chola, LTI, Mindtree, Persistent are the top picks within banking and IT pack which still look reasonably valued and within the capex theme there are a lot of ideas as well.” Lohchab also says: “A lot of the stocks are looking … Read more
Franklin Templeton Asset Management sold 0.1% of its holding in LIC last month, while Union Mutual Fund exited the company by selling all its holdings. One other D-Street favourite that was dumped by MFs was Radhakishan Damani’s Avenue Supermarts. Indiabulls Mutual Fund, Union Mutual Fund, and Groww Mutual Fund were sellers in the D-Mart retail … Read more
Over the last one and a half years, equity market returns have been muted amid global macroeconomic headwinds and geopolitical tensions. The correction was more prominent in smallcap stocks compared to largecap stocks in the last 1 year. However, Estee Advisors PMS managed to give handsome returns to its investors. “We have convincingly beaten the … Read more
Indian markets, which would open after a gap of one day, are likely to open on a strong note following strong global markets. Among the sectors that have recently underperformed on relative terms, IT stocks are showing a good resumption of momentum on the upside. Source link
MUMBAI: While largecap investors may be cribbing about the false recovery in the headline indices on Monday, after they ended in the red today, midcaps investors have no such complaints. The segment’s recovery continued to gain strength heading into the Diwali holidays as the Nifty Midcap 100 rose over 0.8 per cent on a day … Read more
In addition, 185 stocks have earned four-fold returns while 450 stocks have given more than 50% returns. Synopsis ET Intelligence Group’s analysis of the returns of 2,346 traded stocks since April 2020 show that two out of every three stocks have gained at least two-fold while 300 stocks have gained five times or more. ET … Read more