As we are about to enter the second half of FY23, we analysed the previous top performing stocks of the second half of the last two fiscals. To examine, we kept only those stocks that have doubled wealth in the second half of the last two fiscal years (2HFY20 and 2HFY21). Further, we picked only stocks with a market cap of Rs 500 crore and exclude companies that made losses in any of the last 2 fiscal years. Interestingly, 7 stocks have made the cut. (Data Source: ACE Equity.)
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across