Beating 96% of peers, this fund has a bullish stance on hospital stocks
Indiaβs hospital stocks are set to benefit from the expected growth in healthcare spending, according to one of the countryβs top-performing funds. The country will witness a rapid acceleration in the number of people reaching retirement age in the next two decades, Satish Ramanathan, chief investment officer for equities at JM Financial Asset Management Ltd.,…
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Hedging against swings in Indian bank stocks suddenly looks cheap
Options traders are getting less skeptical about Indian banks after months of underperformance. The cost of hedging against volatility in the NSE Nifty Bank Index is near its lowest level since January relative to the broader NSE Nifty 50 Index, indicating less demand for protection. Meanwhile, the number of bearish options outstanding on the banking…
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