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Prefer Bluechips over midcaps in current market conditions

Several stocks and indices, including the Nifty, and the small-cap and mid-cap index, climbed to record highs in FY17, on hopes of a turnaround in the economy and earnings. The benchmark Nifty and the Sensex rose 19 per cent and 17 per cent, respectively, aided by strong domestic and foreign inflows. The broader market outpaced […]