As D-Street sits at record high, new stocks, sectors climb up in pecking order
As D-Street sits at record high, new stocks, sectors climb up in pecking order SECTIONS Share Synopsis Various strategy reports suggest brokerages are getting positive on banking stocks even as they have turned cautious on metals. Getty Images They have also turned ‘overweight’ on industrials, telecom and utilities amid reasonable valuations, become 'neutral' on staples and 'underweight' on pharma stocks. Related NEW DELHI: Benchmark equity indices may have started showing fatigue after the relentless rally to record highs, but most analysts do not expect the ongoing rally to stop here....