In 2024, the BSE Healthcare Index climbed around 36%, outpacing the benchmark Sensex’s 14% gain. ETMarkets has identified 8 healthcare stocks that have doubled investors’ wealth this year, with returns ranging from 100% to 175%. Of these, 5 have seen greater interest from institutional investors, with both FIIs and MFs increasing their stakes in the June quarter compared to March 2024. (Data Source: ACE Equity)
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,