Leading the index were Trent, Dixon Technologies, and public sector firms like PFC and REC, with strong growth expectations driving their stocks higher.
Momentum strategy follows a ‘buy high and sell higher’ approach of investing and exhibits high volatility in the short term. Investors with a high risk profile and long-term view can allocate 10-15 percent of their portfolio to momentum strategy. About 12 mutual fund schemes offer this play
According to Cornell Capital, optimism around AI is a big “market delusion”