Short-term momentum-based PMS strategies were already disadvantaged due to their frequent churn, and the recent tax changes have only exacerbated this issue.
Sterlite Tech shares jump 4% as Nomura initiates coverage forecasting nearly 50% upside in 2026 multibagger. Here’s why
Nomura initiated coverage on Sterlite Technologies with a Buy rating and Rs 1,350 target, implying 48.5% upside. The brokerage expects strong optical fibre demand, data-centre