Even though the Nifty 50 Index is up 20 per cent in the calendar year 2023, brokerage Kotak Institutional Equities has cautioned investors to enter the new year with low return expectations from the market given the conflict between fundamentals (value) and sentiment (price). It believes there is very little value in the market across the capitalization spectrum after the recent run-up in the mega-cap.
7 mutual fund NFO’s will open for subscription this week
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