Thursday, December 26, 2019

Book profits in largecaps: D-Street on new highs, but ‘wow’ factor is missing

Mazhar Mohammad At this juncture, it seems prudent for investors to go for at least part profit booking (more than 50% of holding) in expensive large-caps where earnings multiples are 50 plus.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/book-profitslargecaps-d-streetnew-highs‘wow’-factor-is-missing_13305841.html

No comments:

Post a Comment

Asian stocks open higher as Trump-Xi plan eases nerves

Asian stocks rose Friday as a planned meeting between US President Trump and Chinese President Xi Jinping eased trade tensions. Oil prices d...