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SBI, Hero MotoCorp, Spandana Sphoorty, Larsen & Toubro and Dalmia Bharat are among Motilal’s top stock picks. Nifty is trading at a 12-month forward PE ratio of 19 times, which is at a discount to its 10-year average, it said.
NEW DELHI, Dec 29: Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had […]