The defining characteristic of mid-cycle is the withdrawal of monetary policy stimulus. Volatility rises during the period of transition, with equity returns being more modest during this phase, mirroring earnings growth.
ITC, HAL, UltraTech Cement among 37 stock picks from Sharekhan after Budget 2024
Following the Union Budget for 2024-25, brokerage firm Sharekhan has expressed optimism about several stocks across large, mid, and small-cap segments. According to its analysis,