In this year the Sensex has gone 10.5% in dollar terms and 4.08% in rupee terms. Due to low economic growth, it increase prices and meagre investment have halted India Incentive’s growth stride and driven some stocks to unheard of lows.
The sensex is continously doom and gloom in todays scenario it not look not so badly off. It is down only 6.19% from its all-time highs and is certainly nowhere close to bear market territory.
The reason is simple. Some stocks are indicate to holding up the delivering stellar returns even as the other stock continuously falling down due to inflation.Valuations may keep going up but investor appetite for these stocks is nowhere close to ending.
Here we try to know why 10 stock become so attractive in market. The weightage of seven of these companies in the Nifty is 27% and most analysts rate them as ‘Buy’.