Market broke from the falling streak in the month of April and recovered 5% that it had lost since the beginning of the year. Overall, BSE 200 benchmark returns have been decent 15% in the past 1 year. Now, the focus has turned on Q4 earnings and the growth in earnings ( amid good monsoon forecast) is slated to revive in coming financial year. This is likely to keep the positive buoyancy in market sentiments in FY2019 amidst centre election related jitters. Some of our top picks like Safari Industries and Parag Milk Foods have done exceeding well and generated 18% + return in the month of April itself. Overall, our top picks have generated a total return of 77% since inception (i.e. October 2015), an outperformance of 42% over BSE 200.
We recommend our top picks as the good bets to utilize this opportunity which are offering healthy returns in the next 1 year. All of our top picks are backed by sound business model and are likely to do well in coming years. Some of our top picks like Safari Industries and Parag Milk Foods have done exceeding well and generated 18% + return only in the month of April. Overall, our top picks have generated a total return of 77% since inception (i.e. October 2015), an outperformance of 42% over BSE 200.
