Monday, 7 May 2018

10 stocks favoured by fund managers that rose over 200% in a year and a half

Making money in any stock market is hard, especially in one rife with volatility. If you are an expert at picking stocks, you can use the volatility to your advantage and pick quality stocks whenever they correct.
But if you belong to the other camp, a sneak peek into what mutual fund managers are doing could give you some stock-specific ideas that have already returned spectacularly in the last year or so.
The Sensex might have gained around 15 percent in that period, but there are 10 stocks that fund managers kept steadily buying, which have returned 100-200 percent, according to data compiled from AceEquity.
Stocks on which fund managers are betting heavily include names like Jindal Steel & Power, which has shot up 248 percent, Escorts, which has gained 227 percent, and Nocil, which has risen 220 percent since December 30, 2016, the data showed.
Read more--Stocks update

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