Pick of BL Portfolio

Aarati Krishnan Updated - July 15, 2024 at 08:33 AM.

With the indices sailing past previous life highs, some sections of the market certainly appear to be stiffly valued. But liquidity continues to take the markets higher. While domestic institutions and investors have remained bullish, foreign portfolio investors, who were consistent sellers before the elections, have turned buyers lately. Sector rotation also seems to be in play. One pocket of significant under-valuation – private banks – have led the post-election rally so far. With this pocket now taking a breather, IT stocks – another underperforming set- now seem to be taking the lead.

Who’s the fairest of them all

The NPS has completed 15 years. That’s a long enough track record to look at which fund managers have delivered the best show to investors. K.Venkatasubramanian does the number-crunching on Tier 1 managers to tell you.

Some steam left

The short-term outlook for the bellwethers remains positive but beware of the resistances ahead, says our chartist K Gurumurthy.

Narrowing discount

This Holdco stock has run up on regulatory developments. But with the rally, is the discount to its assets too thin for comfort?

Not super-heated

The markets may be at al all-time high, but there are some pockets of value, say Swarup Mohanty and Neelesh Surana of Mirae Asset Mutual Fund, in this interaction with Parvatha Vardhini.

Published on July 15, 2024 03:03