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Book profits in PSUs, cap goods, realty, buy more of large caps: Goldilock's Gautam Shah moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
CLSA has labeled certain stocks as Modi stocks which have performed well recently. Sanjiv Bhasin from IIFL Securities suggests booking profits in these stocks, especially PSUs. He recommends focusing on FMCG, private banks, and specialty chemicals for better performance. He also says if one is interested in pharma stocks, it is better to buy a pharma fund. ....
Elections is a very important event and we are now just I think three trading days away from it. We had issued a note to our clients in which we had identified a few sectors and the scripts which would be doing well irrespective of the outcome of elections. ....
The prices have really been coming down in terms of raw materials and particularly in APIs. There is a lot of stability there. China are also now trying to align themselves to the global market requirements and they are also very keen to see that their factories start producing at the scale they were doing prior to COVID. ....
Indian shares fell sharply on Wednesday, as higher bond yields and a surge in oil prices following hawkish Fed comments and due to heightened tensions in the Middle East stoked concerns that global interest rates will likely stay higher for longer. ....