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Asit C. Mehta has unveiled its top Diwali 2025 portfolio, recommending nine stocks across infrastructure, logistics, hospitality, and pharmaceuticals. These picks, including Power Mech Projects and Gravita India, offer significant upside potential, with some projected to gain over 50% by Diwali 2025.
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Despite positive economic data, Indian equities are expected to trade sideways due to valuation concerns and consistent FII selling. Vikram Kasat of PL Capital highlights this as a stock-picker's market, favoring selective opportunities in sectors like metals, autos, and defence, alongside promising new-age listings.
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Reliance Industries, despite its massive market capitalization, ranks third in Nifty 50 index weight due to its lower free-float shares. Banks like HDFC Bank and ICICI Bank hold higher weights because a larger portion of their stock is available for public trading, influencing the index more significantly.
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News and Media
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