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Silent winners! 43 stocks turned multibaggers even as Nifty went nowhere in 2 years
Despite the Nifty 50 showing minimal returns over two years, astute investors have witnessed significant wealth creation. Forty-three stocks have more than doubled investor wealth, with companies in defence, healthcare, and specialty chemicals leading the charge. This period highlights that market opportunities often lie beneath the surface of headline index movements, rewarding patient stock pickers.
IKIGAI's Pankaj Tibrewal says opportunities now lie beyond the Nifty
IKIGAI Asset Manager's Pankaj Tibrewal sees a weaker rupee boosting India's export competitiveness, creating opportunities across auto parts, engineering, chemicals, textiles and electronics manufacturing.
Ruchit Jain of Motilal Oswal suggests Granules India, Nippon Life, and SRF shares to buy for the short term
The Nifty 50 and Sensex increased on May 6, supported by a government credit guarantee scheme for businesses. Investor sentiment improved due to positive earnings reports and falling oil prices, suggesting resilience in markets despite recent challenges.