The gross buy-to-sales ratio for these funds also moderated to 1.1 in July compared with the one-year average of 1.2. The ratio depicts the strength of investment. The gross purchase of local funds at Rs 80,131 crore was the lowest in fourteen months.
5 smallcap stocks nearing ‘buy’ point. Do you own any?
MarketSmith suggests considering ITD Cementation, Neuland Laboratories, Arvind Smartspaces, Sharda Motor Industries, and Choice International as potential buys based on various financial and technical indicators.