Foreign portfolio investors have been selling Indian shares ahead of the elections, focusing on growth stocks over defensive ones. Data from NSDL shows a decline in FMCG and IT sector weightage in FPIs’ equity folio.
Anand James of Geojit Investments sees potential for Nifty to hit 25,000, though warns that a drop below 24,280 may signal weakness. He expects defence
Several stocks in the Nifty Microcap 250 index are projected to deliver strong gains over the next year, according to analyst estimates compiled by Trendlyne.Companies
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