DSP Mutual Fund, in its annual note 2022 titled - Shooting For The Moon – communicated to its investors that a lot of optimism is already baked into valuations in the stock market. The firm suggests that the return expectations must be set appropriately while investing in markets. Simply looking at past returns and expecting the index to continue a one-way rally may not work out well, it added.
Can the defence sector continue firing after 100% gains?
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