We believe it’s time to load up stocks in the portfolio, especially quality midcap names. History also supports this viewpoint; the equity market has seen healthy up move for a couple of years following the General election. Our target for the Nifty is 7200 with a low probability of a major correction. We do not see a market fall to below 6200 till the new government is formed in June. The biggest near‐term risk to our call is the election outcome itself since a hung assembly will spoil the party. We have identified 10 midcap stocks to buy during this run‐up to elections
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