BSE mid and smallcap indices declined over 2% year-to-date amid weak global cues and persistent selling by FIIs. However, domestic brokerage firm Motilal Oswal is bullish on BFSI, Auto, and Leisure & Hospitality stocks. Motilal’s top picks include Ashok Leyland, Bharat Dalmia, Jubilant FoodWorks and Poonawalla Fincorp. Here is a list of 8 top preferred mid & smallcap stocks from Motilal Oswal:
Yen edges up as traders push back Fed rate hike bets
The yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to adjust their forecasts, pushing back the