Low PE stocks are often considered value picks for long-term investment. According to Trendlyne data, Lupin, Suzlon Energy, HPCL, Aurobindo Pharma, and OFSS are trading at lower PE ratios than their industry averages. Despite spanning various sectors, these BSE Mid-Cap index stocks have the potential to gain up to 50%, as per Trendlyne.
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August’s foreign exchange market. This was done to manage significant dollar inflows