In a recent report by CLSA, the foreign brokerage, said 'Modi-stocks' a term coined by them have outperformed the NSE Nifty 50 in the last stocks. As per the report, the average returns of ‘Modi-stocks’ have been 50 per cent since December 2023 as against a 14 per cent rise in the Nifty.
The so-called 'Modi-stocks' by CLSA, include a combination of PSU and non-PSU stocks, with the likes of Reliance Industries, Bharti Airtel, Larsen & Toubro, ONGC, SBI and NHPC to name a few. READ REPORT
Meanwhile, here's a trading guide on select 'Modi-stocks' based on the