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"As the average age of HNI and UHNI investors has been dropping, riskier products like equities, private equity funds, unlisted equities, and private credit have gained substantial traction. Also, investors are looking at offshore investments and having global diversification. We’ve further observed a notable surge in establishing offshore family offices and family investment funds (FIFs)."

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

"We are bottom-up stock selectors. We look for market inefficiencies to identify opportunities, and we believe in market efficiency for these opportunities to turn profitable. We like to identify ‘change’ in business fundamentals which can lead to ‘change’ in growth or ‘change’ in valuation – or both. We are long-term investors with a minimum of 3–5-year horizon."

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.

“We have not had occasion to actually classify our loans as PSL and seek borrowing on that basis. Now, if there is going to be a difference between PSL and non-PSL, we will be a little more diligent in terms of seeking lines for PSL from banks and try and moderate this 25 to 50 bps increase that we anticipate otherwise.”

Prakash Industries has also given multibagger returns in the last one year but it is not considered in this list as the stock was not in her portfolio in December 2022.

The S&P BSE Sensex rose more than 900 points while the Nifty50 closed with gains of over 250 points on Thursday. India VIX was up by 2.16% from 12.06 to 12.32 levels.

From the Sensex stocks, Infosys, JSW Steel, Tata Steel, HCL Tech, and Sun Pharma opened with gains, while only Axis Bank, Nestle, Bharti Airtel, and Power Grid opened with cuts.

Stocks in the smallcap segment have had a dream run this year, backed by the relentless buying, particularly by retail investors. The S&P BSE Smallcap index has given a staggering 45% returns year-to-date, against the 16 returns given by benchmark Sensex.