In the current upbeat Indian scenario, maintaining a rational perspective is crucial amidst economic growth and stock market highs. Recognizing and overcoming investment biases is vital to prevent potential setbacks during market downturns.
Suzlon tops the sell list of mutual funds like HDFC AMC and Bandhan MF during the month. At an aggregate level, mutual funds owned 62.89 crore shares of the stock in September which fell down to 49.53 crore shares last month.
Bharat Rasayan, a smallcap company with a market capitalization of about Rs 3,900 crore, is a R&D driven chemical manufacturing company. It is engaged in the production of fatty acid anhydrides, grignard reagents, pharma intermediates, esters and solvents on a regular basis.
Vinit Bolinjkar, Head of Research, Ventura Securities, sees the Nifty around 24,000-25,000 by next Diwali, which implies a 24-29 percent upside. A decent allocation of 10 percent of the portfolio in gold provides stability, he advised investors.