As we are about to enter the second half of FY23, we analysed the previous top performing stocks of the second half of the last two fiscals. To examine, we kept only those stocks that have doubled wealth in the second half of the last two fiscal years (2HFY20 and 2HFY21). Further, we picked only stocks with a market cap of Rs 500 crore and exclude companies that made losses in any of the last 2 fiscal years. Interestingly, 7 stocks have made the cut. (Data Source: ACE Equity.)
Rupee hits record low of 87.35 vs USD on rate cut expectations
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve
February 5, 2025