Reliance Industries’ core business will not see a recovery in the near term, although its telecom business has remained stable. The stock price may remain steady but a significant upside is not anticipated. In terms of the jewellery sector, Titan is the market leader and one should hold onto the stock due to its strong earnings growth and market stability. In the insurance sector, ICICI Lombard is favored in general insurance, while SBI Life and Max Life are expected to perform well in life insurance.
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