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Indian benchmark indices experienced a sixth consecutive day of gains, fueled by banking and FMCG sectors and foreign investment inflows. Viral Chheda of SSJ Finance and Securities suggests a buy-on-dips strategy for HCL Tech, Nestle, and Bajaj Housing, anticipating significant upside potential over the next 10-12 months, while advising on stop-loss levels to manage risk.
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Overseas investors offloaded shares in the financial services and capital goods sectors worth 4,501 crore and 3,019 crore, respectively. While capital goods had seen outflows last month, financial services had received foreign inflows worth over 14,000 crore.
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While the Great Equity Run may have helped investors discover a quicker way to creating wealth than savings, the bond endures. We bring an investors perspective on what you could do ahead.
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