Moneycontrol
HomeNewsBusinessMarketsNear-term strategy: Book profits in high PE stocks and reinvest in value stocks, say fund managers
Trending Topics
Sensex Today
Groww Shares
Tata Motors CV Shares
Ashoka Buildcon Shares
Nykaa Share Price

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

Srushti Vaidya   •

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.

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.

To read the full story,

Subscribe to Moneycontrol PRO
  • Ad-free Experience
  • Access Exclusive Stories
  • Weekly Investment Ideas
  • Daily Technical Calls

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

View Offers

Unlock exclusive discounts