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MFs invested heavily in Chemplast Sanmar and Nuvoco Vistas in August.
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Milan Vaishnav of Gemstone Equity Research spoke to Money9 on the strategy investors should follow at record highs.
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BSE Sensex, was up 355.68 points or 0.6% at 59,496.84, while Nifty 50 index was up 103.35 points or 0.59% at 17,732.85 at the opening.
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Here is the list of top stocks that could be in focus on September 17, Friday.
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Meanwhile, all eyes are on the GST Council meeting scheduled today, 17 September 2021 in Lucknow.
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Chandan STaparia of Motilal Oswal Financial Services is positive on State Bank of India with a target price of Rs 480.
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The 30-share BSE index rallied 417.96 points or 0.71% to close at record 59,141.16, while the NSE Nifty settled at a new closing high of 17,629.50
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Assets under management of various mutual fund managers saw a fivefold rise during the same period from Rs 5,815 crore to Rs 28,093 crore
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Strong earnings delivery, benign liquidity and buoyant sentiments have lead benchmark indices to surge over 20% YTD
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No one can predict when a correction will come, take some profits off the table and stick with stocks having strong fundamentals