Thu, Mar 21, 2024 9:57 AM
Multibagger penny below Rs 6 in green on conversion of warrants
A Flip by Riya Sharma
Investors like to chase returns because a higher return would mean a higher corpus. But is investing in a top-performing fund the only way to build a higher corpus? Well, not necessarily. Besides, it is practically impossible to always remain invested in a top-performing fund, because top performers change from time to time.Top performing mutual funds keep changing.
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Antique Stock Broking said the recent decline in defence stocks may be a meaningful opportunity to accumulate them as the government's spending in the sector is expected to pick up in the fourth quarter of FY25. Hindustan Aeronautics, Bharat Electronics, Bharat Dynamics, Mazagon Dock, and PTC Industries are the brokerage's top 'Buy'.
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The Indian stock market outlook for 2025 remains cautiously optimistic as the Nifty 50 valuations suggest modest upside potential, said Dhiraj Relli, MD & CEO at HDFC Securities. He believes the large-cap indices will likely offer better risk-adjusted returns than the mid-cap and small-caps. In an interview with Livemint, Relli said that foreign portfolio investors (FPIs) will re-enter the India.
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