Some of their top picks in January included IndusInd Bank, Bank of India, Divi’s Laboratories, GlaxoSmithKline Pharmaceuticals, Aditya Birla Capital, Unichem Laboratories and Ipca Laboratories.
The majority of the activity was in private banks and fi nancial services companies. Reliance Industries was another stock that changed hands between these fund
Technical analysis suggests a continued uptrend for Nifty, though high volatility indicated by India VIX warrants caution. Crossing 23,058 could strengthen the bullish outlook. Analysts
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