Gift Nifty hints at a mildly positive start. The US market closed at its highest level since April 2020. Banking stocks lead the strong earnings rally on Wall street. Asian markets open mixed with a positive bias on a strong handover from wall street. Earnings to watch: L&T Finance, Tata Communications, Can Fin Homes. Other stocks to watch out for include L&T Tech, IndusInd Bank, SBI among others. Catch Moneycontrol's Stacy Pereira in conversation with Rajesh Palviya - Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities Limited and Feroze Azeez, Deputy CEO, Anand Rathi Private Wealth Management.
Shares of companies ranked below 500 are mostly under-researched and smallcap and microcap stocks. The lack of liquidity is more than made up by exceptional returns if the fund manager can correctly identify potential winners. Here are the most favourite holdings among active mutual fund managers