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Nvidia Corp. (NASDAQ:NVDA) has undoubtedly emerged as the standout performer among S&P 500 stocks in the initial two months of 2024. While ...
As the Dalal street continues to be in party mode with minor correction and sectoral profit booking taking place, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend? While staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one is increasing exposure in midcap at this point of time. Use more stringent filters to pick stocks and cut the element of noise from investing. Quality stocks pay both in bullish and bearish markets conditions.
As other sectors dominated by PSU companies come into limelight, defence stocks which ignited the re-rating of PSU stocks have moved into consolidation mode for some time. The question is whether the business is in consolidation mode or not, the answer is tilting toward no. It appears the underlying developments in the sector continue to be going at the same pace or rather even more. Allowing 100 % FDI in space related industries, is probably an indication that focus on defence and related sectors continues. As things are shaping up, it appears the exports would also become a focus area.
While nifty slipping from the high of the day and ending in red territory is nothing new, it keeps happening. But this Friday it took place with PSU banks leading the profit booking move. This profit booking coming in the space which has done well in the last few weeks, tends to create more short term disturbances. There is a probability of a further selective correction taking place. In this period stocks where there are some improvements in the business operating matrix tend to weather the storm better. These selected stocks depict a strong upward trajectory in their overall average score wh...
In this article, we discuss 11 best copper stocks to invest in. If you want to skip our discussion on the copper industry, head over to 5 Best Copper Stocks To Invest In According To Analysts. Due to the explosive growth in the electrical and electronics, construction, industrial machinery manufacturing, automotive manufacturing, and infrastructure sectors, […]