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DSP Large & Midcap Fund's 10,000 investment at launch has impressively grown to over 6 lakh in 25 years. Their disciplined 70:30 portfolio strategy, blending steady compounders with high-growth bets, navigated market volatility effectively. The fund currently favors financials, healthcare, IT, and telecom, while maintaining a balanced approach between large and mid-cap stocks.
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President Tokayev affirmed Kazakhstan's dedication to reforms and reliability for investors at the Foreign Investors Council. Despite global economic challenges, Kazakhstan's economy grew by 6% in early 2024. The nation is enhancing investor protections, streamlining services, and developing infrastructure, particularly in transportation and digital sectors, to foster a sustainable and digitally-driven economy.
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In the Nifty 200 pack, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 24, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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