According to Sandip Sabharwal, large group stocks like Tatas, Mahindra Group, Adanis, and Reliance have performed well. He believes if the economy sustains 7-8% growth, many companies and groups will continue to thrive. However, he is cautious about HDFC Bank and warns investors tobe wary of the overvaluation in smallcaps.
AIFs seek status quo as ‘foreign control’ rules go for a recast
Local alternative investment funds have warned regulators about proposed changes. These changes could significantly impact capital inflows into India’s economy. The draft rules aim to