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Invest in Government Securities - NSE
Morning Mantra ( --- 9.00 AM )

Nifty is scaling newer heights. The index look strong on paper but the action is highly stock specific. The euphoria is likely to continue in the short-term on the back of strong global cues, buying by foreign investors, reforms by the government, expectations of a revival in earnings growth and consistent money coming into markets via mutual funds.
We expect earnings to recover faster with FY20 and FY21 earnings growth being driven by lower corporate tax rates and lower loan-loss provisions. The government has taken several measures to revive growth and more are expected, and dips, if any, should be used to accumulate quality stocks.
Stay invested and keep accumulating on dip. Midcaps can again we looked upon as they are undervalued.

 
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Source : Moneycontrol
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