Nomura, however, is cautious about Asian stocks due to risks from the Federal Reserve s long-lasting rate stance and rising commodity prices feeding into inflation in America
In the last two years, a large number of companies in the retail sector got listed. They are not typical retailers who sell a gamut of products in large scale store format. They are specialized chains which deal in one product, it could be watches or clothes or pharmaceutical products. Majority of new companies in the retail segment are making the word “retailer” redefined and street is noticing some of them.
Even at the time of volatility, which the nifty witnessed in the last few weeks some stocks have witnessed consistent improvement in their scores. The stocks from sectors like healthcare, pharmacy, entertainment and consumer durables have come to the list. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Brokerage firm Nuvama in its August mutual fund report said that Suzlon Energy stock stood among the top additions for mutual funds in the smallcap universe alongside Minda Corporation, SJS Enterprises, Inox Wind and Medplus Health Services.
Top mutual funds bought fresh stakes in Inox Wind, BSE, RPG Life Sciences, Shivalik Bimetals Control and Thomas Cook (I) and hiked their holdings in Suzlon Energy, Minda Corp, SJS Enterprises and Medplus Health Services, according to a Nuvama report