stock market outlook: Ahead of Market: 12 things that will decide stock action on Monday indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Synopsis
Analysts said V-Mart has seen a better recovery than other apparel retailers due to its focus on smaller towns and largely on high streets.
Only stocks that were part of the BSE500 pack and had seen at least 500 basis points rise in MF holding over the last one year were picked for this study.
NEW DELHI: Domestic fund managers raised exposure to 17 stocks for the fourth straight quarter, only to see half of them lag Sensex’s 43 per cent return for the last one year.
They included Zydus Wellness, V-Mart Retail, Page Industries, Westlife Development, CCL Products (India), Fortis Healthcare, Can Fin Homes, Orient Electric and Phoenix Mills (See Table). Only those stocks were picked for this study, which were part of the BSE500 pack and had seen at least 500 basis points rise in MF holding over the last one year.
Half of Indian fund managers conviction ideas fail to match Sensex returns indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Read more about V-Mart gains after opening store in Bihar on Business Standard. V-Mart Retail gained 1.73% to Rs 2,715.25 after the company announced that it has opened a new store in Bihar.