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Mutual funds in India have enjoyed success with their holdings in certain stocks, which have seen significant appreciation in prices, according to data. At least 10 stocks have returned over 100% in the past year, with more than 50 mutual fund schemes holding these stocks. Some of the best-performing stocks include IDFC First Bank, Apollo Tyres, Equitas Small Finance Bank, Varun Beverages, and Hindustan Aeronautics. However, some brokerages have downgraded their ratings on these stocks due to concerns over valuations and limited upside potential.

​So the point that I am making is that India is certainly an attention of the world and there are multiple drivers to that. One is that we are growing quite well and do not have any macroeconomic imbalances unlike several other markets in the world.

Ashok Leyland shares rise 0.52% as Nifty gains

Updated at : 2023-06-28 11:35:01

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The stock quoted a 52-week high price of Rs 170.5 and a 52-week low of Rs 133.1.

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​You have to pick and choose as to what you like and where you wish to invest because each one of us has our own biases in terms of what we like and what we do not. But the simple point is that smaller companies are still not expensive, notwithstanding the kind of participation we have seen.

olden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

Wipro buyback closing date moved to Friday, June 30

Updated at : 2023-06-28 10:20:01

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The decision to change the closing date is in view of the shift in the working day from Thursday, June 29 to Wednesday, June 28, the company said in its filing to the exchanges.​​

Equity benchmarks rebounded on Tuesday, with HDFC twins leading the rally. The BSE Sensex surged 446 points to close at 63,416, while the Nifty gained 126 points to reach 18,817. AB Capital, Sapphire Foods, and HDFC Bank were in focus, with recommendations from Viral Chheda of SSJ Finance & Securities. Chheda advises buying AB Capital, stating that the stock is moving above major averages and the Stochastics Oscillator is in an upward trend. He also suggests buying Sapphire Foods and HDFC Bank, citing positive price movements, increasing volumes, and upward trends in the Stochastics Oscillator.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

In our view, markets are looking reasonably attractive at this point. A combination of time correction through last year (CY2022) and earnings growing higher than the historic trend resulted in equity market valuations look reasonable.

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