The broader markets also traded higher with the BSE Midcap and Smallcap indices rising 0.2 percent and 0.5 percent, respectively. About 1102 shares advanced against 559 declining shares on Bombay Stock Exchange.
Mowat further says that after the shaky start to 2016, there has been significant change in sentiment towards emerging markets (EMs) over the last one month. India currently, he says, is a buy on dips market.
Note: Any changes made to your Portfolio today will be effective only in the next day's Networth mailer.
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