Nifty may ride hope rally in 2020 but gains won’t be democratic - News Summed Up

Nifty may ride hope rally in 2020 but gains won’t be democratic


Come 2020, signs are the market will continue to climb the wall of economic worry. Indeed, the Nifty 50 gained 12% this calendar year backed by a rally in a fistful of companies. Just half the Nifty stocks gained in 2019, while one-third gained more than 15%. Though the valuations of some of the larger stocks have widened, some active funds could look at these undervalued stocks. For investors, that means that the treasure island of stocks with maximum gains would leave out a large swath of the market.


Source: Mint December 30, 2019 01:30 UTC



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