The concentration risk — reflecting stellar returns of just a handful of stocks — is easing for Indian equities. This is reflected in the change in the structure of the market rally — from narrow to broad — resulting in a greater number of stocks outperforming benchmark indices. The broadbased rally augurs well not only for providing a strong base for sustainability of the current momentum, but it helps increase market depth and invites higher institutional interest in the market.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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