 "Cool stocks to beat the sizzling heat this summer")
The past week belonged to consumer durables stocks such as Voltas, Blue Star, Whirlpool of India, Johnson Controls-Hitachi Air Conditioning India and Symphony. These are trading at their all-time highs, and the Street is convinced that there’s more steam left in the rally.
These stocks started gathering momentum in late February, when it became apparent that demonetisation hiccups were perhaps well behind them. But, what has propelled the rally is the onset of summer and, more importantly, the high probability of an extended summer.
The recent shift in preference among institutional investors from consumer staples to durables also
These stocks started gathering momentum in late February, when it became apparent that demonetisation hiccups were perhaps well behind them. But, what has propelled the rally is the onset of summer and, more importantly, the high probability of an extended summer.
The recent shift in preference among institutional investors from consumer staples to durables also
