Opinion: Investment Strategy 2.0
Jan 19 (IANS): Recently, market commentator Saurabh Mukherjea pointed out the formalisation in various sectors of the Indian economy leading to the emergence of one or two giants in each industry, thereby creating a market structure where a larger share of the profits sits with fewer firms. The price action India witnessed last year with the BSE Sensex soaring even as BSE Small-Cap index failed to keep up would provide further credence to the theory. The above-mentioned ability of large firms to capture larger profit shares and investment dollars would imply…
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