INSUBCONTINENT EXCLUSIVE:
to beat the market, HDFC Securities Ltd
and corporate actions, Deepak Jasani, HDFC Securities head of retail research, said in an interview
introduction of a nationwide sales tax last July, the withdrawal of high-denomination currency bills in 2016 and a slight slowdown in flows
stocks will give you steady returns -- about 12 per cent per year -- but a mix with small- and mid-cap shares can fetch investors at least
HDFC Securities echoes London-based Ashburton Investments Ltd., which last month recommended buying Indian mid-caps for protection from
trade wars and emerging market contagion from Turkey.
The next major opportunity for smaller shares may come around the general elections in
May 2019, when large stocks may underperform, Jasani said
The analyst sees the NSE Nifty 50 Index dropping to 10,100 before or just after the elections amid investor concerns about global pressures
as well as domestic issues such as ballooning deficits, the weakening rupee and bad loans.
Jasani said a retail investor should have an
