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Rupee makes U-turn, settles 27 paise higher at 74 61 against U S dollar
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Rupee Makes U-Turn, Settles 27 Paise Higher At 74 61 Against USD
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ICICI Group stocks go one up on HDFC peers in analysts’ pecking order
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Synopsis
Performance wise, ICICI Group stocks have outdone their peers at HDFC by a wide margin. For this calendar, shares of ICICI Group have returned some 42 per cent led by ICICI Securities, while HDFC Group stocks have remained more or less flat.
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The reasons for HDFC Group’s underperformance are not far to seek. The huge sizes of the firms may be one of them.
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NEW DELHI: When Chris Wood, the celebrated money manager at Jefferies, launched his 16-stock India portfolio last week, it had something peculiar. He made nearly one-fourth of allocation to ICICI Group stocks.