“Do not chase the new stocks at new highs because you have the fear of losing out. . HCL Tech has been my top pick over there. I still think HCL Tech is headed to Rs 1500 and I would add a Persistent and Coforge on declines. It is better if you chase an ETF, that is the CPSE ETF, it comprises about 12 of the best blue chips of PSUs. ”
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders