Diwali 2023 offers a perfect recipe for a strong, sustained upside in Indian Equities. Know why?
Since Diwali of 2021 until now, Nifty returns have been much muted. Nifty closed on 7/11/2023 at 19406, up only 9% from 17916.8 on Diwali 2021 (4/11/21). Yes, there have been significant returns on some internals, namely the entire PSU basket, be it defence, railways, utilities, capital goods, power, and power finance. Some sectors, like technology and metals (namely, sectors sensitive to globa...
Diwali Picks 2023 By ARETE Securities