Thursday, May 6, 2021

FIIs reduce stake in over 30 companies that rose 100-500% in FY21; time to book profits?

FIIs reduce stake in over 30 companies that rose 100-500% in FY21; time to book profits? While experts advise investors to book partial profits, they warn against the tendency to blindly follow FIIs and trim portfolios. Since consolidation in large-caps are likely in the days ahead, they ask investors to exit small-cap and mid-cap stocks.

from Moneycontrol Market Outlook https://ift.tt/3xUqtUH

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