Herbert Bayer, genteel Aspen catalyst
European designer often had a conflicted relationship with his adopted town
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European designer often had a conflicted relationship with his adopted town
The Nifty future closed positive with gains of 0.25% at 22196 levels on Tuesday. India VIX was up by 0.82% from 15.60 to 15.72 levels. Volatility has been rising from the last two sessions.
PSU stocks have surged, with 68% delivering multi-bagger returns. The index gained 101% in a year, outpacing benchmarks. Despite the bullish trend, questions arise on sustainability. Bernstein highlights select opportunities in high-momentum and dividend-yielding stocks with reasonable valuations.
Bernstein said FII crowding can be seen in NMDC, Bharat Electronics, HAL, Bank of Baroda, Canara Bank, Indian Bank and Union Bank.