Key Points
The upward momentum was further boosted by upgradation of GDP forecasts for FY23 and FY24, rising to 7% from the previous 6% forecast...
Premium Equity-linked autocallables are essentially bets against volatility: Buyers want stocks to go up but not too much, and they certainly dont want them to go down..
Profit booking and generating some cash in hand for future tax bills are some of the plans on the table.Nonetheless, this isn't a major concern, as historical data indicates March has typically been a positive month, yielding an average return of 2.7% for the broad market over the last decade..
Given the heightened last one-year performance and elevated valuations, coupled with the transient state of both global and domestic economies, it is essential for investors to contemplate a review and reshuffling of their portfolios..
It is prominent to acknowledge that a good amount of the mid & small caps rally in FY24 was triggered by high inflows from retail investors..
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