In the five trading sessions ending on August 9, the Sensex benchmark index fell by 1.58%, closing at 79,706, with declines occurring in three of those sessions. According to ETMarkets, six stocks with a market cap over Rs 1000 crore exhibited consistent price increases during this timeframe. (Data Source: ACE Equity)
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South