 "A stock broker and his family watch the Diwali Muhurat trading at BSE")
Samvat 2075 saw markets rewarding investors who chose fundamentally strong stocks, irrespective of the overall market sentiment. Stock selection assumed top priority at a time when developments – both local and global – kept markets choppy and investors on edge.
Consider this. Among the top 10 gainers in the S&P BSE500 index, five companies are from the financial sector. This comes at a time when the sentiment was impacted by the liquidity situation triggered by crisis in companies like IL&FS, Dewan Housing Finance Limited (DHFL). Yet fundamentally sound companies delivered.
“The pain in Indian equities was reflective as certain key
