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CLSA says time to bet on laggards; find out why and which ones

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According to broking firm CLSA, it is time to reshuffle the portfolio. CLSA has tracked trends over the last many years and found that the laggards and the winners of the first nine months and the last three months tend to reverse historically.

According to broking firm CLSA, it is time to reshuffle the portfolio. CLSA has tracked trends over the last many years and found that the laggards and the winners of the first nine months and the last three months tend to reverse historically.
The leaders of the first nine months of the calendar year tend to underperform in the next three months and vice versa. CNBC-TV18’s Nimesh Shah has more details.
For this quarter, CLSA expects banks, cement stocks and L&T to do well. In the utilities space, CLSA prefers NTPC, Power Grid, IGL and Mahanagar Gas.
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