Floating Stock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What Is Floating Stock? Floating stock is the number of shares available for trading of a particula pirates royals prediction

Sanjiv Bhasin advises investing in undervalued FMCG stocks like Dabur, Lever, Marico, Nestle. Emphasizes that market correction is likely in the second week of May. Recommends caution, stock specificity amid positive cues, lifting of curbs, and speedy resolutions. Bhasin also says: "Coforge is a very good takeover target. I do not rule out 5,500 coming to Coforge in the next month or so."

Nilesh Shah advises investors to follow asset allocation and moderate return expectations. If overexposed to equity, it's time to take profit and consider other asset classes like fixed income or gold. Underinvested investors can enter the market gradually through systematic transfer. Shah emphasizes being a long-term investor and mentions that while India is currently one of the premium valued markets on a one-year basis, it is one of the cheapest markets when considering a five-year view.

The Nifty 50 has given more than 18% returns so far in 2023, whereas Nifty Bank has given 11% returns and Nifty Financial Services 12% returns.

“Currently higher valuation is being paid because there is less amount of floating stock in the market and there are higher amounts of investment tickets, which are basically cheques being cut for higher amounts of investment. As a result, the stocks are going up in a crazy manner. I would like them to be a little bit more decent as far as the valuation is concerned before putting money.”