Focus on affordable housing as budget announced following incentives PM Awas outlay and allocation of Rs 2.2 trillion under Pradhan Mantri Awas Yojana in the current year is a massive increase. This should help HFCs significantly with PNB Housing being the top pick.
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.
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