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High net-worth individuals in India have benefited from the bull market, earning up to 80% returns in just over two months after increasing their holdings in select stocks. Of 182 bets made during Q1, 125 beat the benchmark, with nine stocks rallying over 45%. Early stage food delivery firm Zomato, in which HNIs hold a 1.43% stake, has seen gains of 45.35% so far this fiscal year. Other companies showing strong YTD growth with increased HNI holdings are Rail Vikas Nigam, Cholamandalam Financial Holdings, HEG, Intellect Design Arena, Prestige Estates Projects, Astral, Welspun India and Godrej Properties.

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Here are top research ideas by Motilal Oswal that can surge up to 22% in 1 year.

IT services face the challenge of no growth visibility and until and unless there is a clearer outlook, clients will not tend to start giving new projects. However, there are plays in the ER&D space within IT that could prove worthwhile. Although pharma and IT sectors have been underdogs, there are pockets of the market which show a good long-term investment. In terms of real estate, it is suggested to play the pick and shovels in the real estate space such as tiles, sanitary ware, paints etc. as realty stocks are geography specific.

Clear Science and Technology, a commodity chemical company, has shown signs of bottoming out and a potential reversal on daily charts, with a morning star pattern formed. Traders willing to take high risks may consider buying the stock for a potential bounce back toward the 1500 levels, while bulls may have a chance to bounce back if the stock can hold 1300 levels. The stock, which hit its 52-week high of Rs 1,978 in September 2022, is currently trading at Rs 1,368, which is a downturn of over 30%.

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Despite the underperformance of the equity mutual fund space, small-cap funds have done well in May, outperforming large- and mid-cap peers. Investors who are underweight on small-caps are advised to rebalance their portfolios by investing in them. Small-cap funds have received better inflows compared to mid-cap funds in the last two months, while large-cap funds have recorded net outflows of ₹1,362.28 crore ($184 million) in May. The current traction towards small-cap funds is due to attractive valuations in these stocks after their underperformance, according to Alekh Yadav, Head of Investment Products & Solutions at Sanctum Wealth.

Potential investors can benefit from growth potential by exploring the top 10 Nifty 500 companies that are currently trading at significant discounts from their 52-week highs. These companies include ACC Ltd., Aarti Industries Ltd., Aavas Financiers Ltd., Adani Enterprises Ltd., Adani Green Energy Ltd., Adani Power Ltd., Adani Total Gas Ltd., Adani Transmission Ltd., Adani Wilmar Ltd., and Aditya Birla Fashion and Retail Ltd. However, thorough research and analysis are essential before investing in the stock market, and consulting with financial advisors or experts is recommended to mitigate risks and maximize potential returns.

Bank of Baroda briefly hit a market capitalisation of INR1tn ($13.3bn) on 17 May, becoming the second Indian state-backed bank to do so, after rising almost 4%intraday. State Bank of India was the first to reach the milestone and is uninferred, with a market cap of INR5.08tn. Meanwhile, other Indian public banks have also made strong gains this year and the Nifty PSU Bank index is up 65% in the past year, outperforming the Nifty Private Bank index, which has only gained 33% in the same period.

ETMarkets has identified 8 stocks with RSI above 75, indicating overbought conditions. This article explores the business of these companies and provides informative data to assist potential investors in decision making.

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Investors are showing strong interest in the Cell Point (India) IPO, with the initial share sale having been subscribed 2.3 times so far. The IPO is a fresh equity issue of up to 50.34 lakh equity shares at Rs 100 per share, with no offer for sale in the public offering. The net proceeds will go towards repayment of some debt, store repairs and setting up new retail stores. Meanwhile, the Aatmaj IPO had a slow start, with just 16% of shares subscribed so far, and the Vilin Bio IPO has been subscribed 50% so far, while the Cosmic CRF IPO is subscribed 75%.

Among Sensex stocks, Kotak Mahindra Bank, Axis Bank, NTPC, HUL, ICICI Bank, and Bharti Airtel closed lower. On the other hand, Bajaj Finance, Bajaj Finserv, Tech Mahindra, TCS, Sun Pharma and Titan ended with gains.

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