Stock selection is the most important parameter when it comes to long-term wealth creation. If you are invested in the right stocks, you will be rewarded while if the stock selection is poor then the possibility of erosion of capital remains high.
There are as many as 64 stocks in which fund managers have reduced stake consistently in the last four quarters. The fall in stake could also be related to booking of partial profits while for the rest, fund managers could be turning cautious.
More than 70 percent of the companies, or 48 out of 64 companies, have given negative returns to investors in the last year. Out of 48, there are 20 stocks that have fallen over 50 percent.
The 20 stocks include Wonderla Holidays, PNB, Union Bank of India, Canara Bank, Equitas Holdings, PNB Housing Finance, Future Retail, Indian Bank, and HSIL, data from AceEquity showed.
Data for last year suggests that fund managers have been steadily reducing stake in companies that are consumer-facing, NBFCs, or auto ancillary which might have got impacted due to slowdown in demand, and economic activity, suggest experts.
“Over the next 1-2 quarters, this impact will be visible in the financial results. Considering the current market scenario, it is better to stay away from cyclical sectors. Especially in NBFCs and HFCs, the default rates for retail and MSME loans may see an increase in the next few quarters,” he said.
More Information Visit
⇩
Stock cash tips , Equity tips , MCX tips
For Quick Trial – 91091 93302
or mail us here: info@moneyplantresearch.com
or visit https://www.moneyplantresearch.com
No comments:
Post a Comment