Nifty traded in a tight range of 111 points to end below the 15,700 level. It formed a small bearish candle on the daily chart with a long lower wick, indicating buying at lower levels. Analysts said the index was showing lack of strength at higher levels with some indicators sending overbought signals. Will the Nifty gain strength this week and move towards the 15,800-15,900 zone?
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MUMBAI: A top fund manager at one of the largest mutual fund houses in India recently said his biggest regret has been not owning enough stocks from the specialty chemical sector.
“We could have actually had a few more names on the chemical side. We do have a few names in the portfolio. I thought we could have had a couple of more names on higher exposure,” the fund manager said on the condition of anonymity due to regulations.
He is not alone in his regret. Many investors who have seen the stratospheric rally in shares of companies like
Read more about Adani Total, HPCL, PI Industries: How to trade MF rejig-related stocks on Business Standard. Here are trading strategies for the ones that may make it to the list, and the ones likely to get demoted.