The government’s focus in the upcoming Budget is likely to be on providing acceleration to the economic recovery which has been underway over the past few months, says Bhobe.
Outperformers! These 10 smallcases gave over 12% return in December 2020
smallcases are model portfolios of stocks/ETFs based on a theme, idea or strategy. It is a modern investment instrument for investors to build long-term diversified portfolios. January 29, 2021 / 05:15 PM IST
Many investors usually stay away from stocks that are highly-priced, likely due to such scripts needed more funds to accumulate even a small quantity. There 19 high-priced stocks that have gained at least 50 percent in the current fiscal (FY21) so far, we considered stocks price over Rs 5000 per share as of February 22. However, in the recent correction, seven stocks from the list have fallen much and now trading at least 10 percent away from their recent 52-week high - considered only stocks which hit their year high in 2021. (Data Source: ACE Equity.)
The S&P BSE Sensex plunged by about 3000 points from the lifetime highs of 50,184 while Nifty50 breached 14,000 levels for the first time since January 4 on Wednesday.
Over 20 stocks from top 5 PMS schemes outperformed Nifty in December; worth a look?
Small & midcaps captured the limelight after two straight years of underperformance, and if we look at the PMS schemes which outperformed the index are mostly from the broader market space.
Representative image.
Bulls managed to control the market in December with benchmark indices gaining about 7 percent each during the month and around 15 percent each in the year 2020. Meanwhile, small & midcap indices outperformed rising about 20 percent each in the same period.
Small & midcaps were in the limelight after two straight years of underperformance. Even the PMS schemes that outperformed were mostly from the broader market space.
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