Equitree Capital News Today

From buying top-quality leaders at inexpensive valuations in down-beat and out of favour sectors with a massive potential for growth to scientific methods of stock picking, here’s how fund managers deliver big returns

Pawan Bharaddia believes that the next 4-5 years should see disproportionate wealth being created in the markets and if that happens, index numbers will only keep showing newer highs.

According to a Mint poll of 23 economists, India’s retail inflation likely rose 5.8 per cent in November. A Reuters poll of 41 economists predicted Indias November CPI rose 5.70 per cent in November.

Elections have been a topic of intense discussion, with investors, traders, retail players, and institutions alike weighing in on the potential impact the upcoming elections may have on the Indian markets.

"Equity as an asset class is only gaining more acceptability with domestic investors which is visible from the continuously increasing SIPs with mutual funds. Even at this, it still makes up to about a mere 4.8% of Indian household savings – which is substantially lower than its global peers. As the GenZ comes into the mainstream, we expect this number to only get better, leading to a much stronger and continued domestic flows."

Topping the list is Kintech Renewables stock, which has jumped 7 times in FY24 and given more than 40% return so far in the month. The smallcap stock with a market capitalisation of just Rs 1,500 crore hardly has any analyst coverage.