A fresh record high immediately seems unlikely, however, post a significant correction market will move up higher again, says Umesh Mehta of Samco Securities
Umesh Mehta recommends 5 stocks that would be wealth creators for the next 2-3 years would be Hindustan Zinc, HDFC, SBI Life Insurance, Kotak Mahindra Bank and ITC.
The SmartSIP order is available in 3 modes – SmartSIP, SmartSIP Plus and the SIP Plus modes
The short covering can take the Nifty50 back towards 11,350. However, 10780 should hold good in August provided there is no negative surprise from international markets.
The Research and Development Centre set up at the famous Old Mahabalipuram Road (IT Corridor) would focus on building products that can hand-hold customers and automate their investment process.
There are already existing mutual fund ranking platforms such as CRISIL, Value Research, and Morningstar.