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    HomeNewsBusinessMarketsNear-term strategy: Book profits in high PE stocks and reinvest in value stocks, say fund managers

    Near-term strategy: Book profits in high PE stocks and reinvest in value stocks, say fund managers

    In October, FIIs have been on a selling spree and have sold shares worth Rs 85,000 crore. However, DIIs have been acting as a strong counterforce by buying shares worth Rs 1.07 lakh crore.

    Srushti Vaidya
    November 05, 2024 / 14:24 IST
    In the last one week, Nifty 50 has fallen 1.5 percent and Sensex has fallen 1.62 percent. In the case of the Sensex, the 30-share benchmark is currently down more than 7,200 points when compared to its all-time high of 85,978 touched on September 27.
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