Positioning

FII short covering may continue till Nifty touches 18200: Rishi Kohli

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FII short covering may continue till Nifty touches 18200: Rishi Kohli

NEW DELHI: The month of April may prove fruitful for equity investors as FII short covering could continue till Nifty touches at least 18200, says Rishi Kohli, CIO, Hedge Fund Strategies, InCred Alternative Investments. “HNIs have been offloading positions and getting cautious on every rise so their positions are very light and one of the … Read more

Fundamental Radar: Defensive pick! This FMCG stock with a Mcap of nearly Rs 1 lakh cr could hit fresh record highs in 2023

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Fundamental Radar: Defensive pick! This FMCG stock with a Mcap of nearly Rs 1 lakh cr could hit fresh record highs in 2023

, part of the FMCG sector, is looking strong from a valuation perspective as well as from a growth point of view which makes it a preferred long-term buy, suggest experts. The FMCG stock is trading with a Mcap of over Rs 97000 cr as on 7 November. It hit a record high of Rs … Read more