CLSA adjusts India portfolio post BJP’s election setback, favoring defensive stance with HCL Tech replacing L&T. Overweight on banks, commodities, IT, insurance, and staples. Concerns over market valuation amid Nifty’s 6% drop and historic high PE ratio.
Sectoral and thematic mutual funds have ruled the return chart last week and offered upto 3% return in the same period. Here are top five
Indian markets closed cautiously, consolidating for the second week amid global trade tensions and anticipation of domestic policy announcements. The RBI’s upcoming MPC meeting on
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