The narrow majority for the ruling party in the election and demanding coalition partners may demand portfolio rebalancing and increased volatility in the short-term. InCred Equities suggests that the BJP not coming into power with a strong majority may favour an upgrade of defensive names Dabur and Zydus Life science. Here is a list of stocks across large, mid and small cap categories that InCred recommends to add in your portfolio:
TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?
IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages such