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India’s U/HNWIs should diversify away from large caps: StanChart PB

Standard Chartered Private Bank India is advising clients to diversify away from large-cap equities in their portfolio allocations because of the recent rally in the country’s shares. Despite pulling back, the BSE Sensex is hovering around the record 60,000 mark, having risen by 10,000 points since January. That helped the 30-stock benchmark maintain India’s outperformance over Asian peers, making it…

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