REC, Ashok Leyland: 7 out of 8 stocks, picked by MSCI, may rally up to 25%

Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.

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Avdhut Bagkar Mumbai

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Seven out of the eight stocks included in the MSCI index have outperformed so far this year, with charts demonstrating thrilling optimism. Technically, the positive trend is anticipated to persist and may even see higher elevation. 

MSCI Global Standard Index has added Power Finance Corporation, IDFC First Bank, Cummins India, Astral, REC, Ashok Leyland, Supreme Industries, and HDFC Asset Management Company in its quarterly review and distant ACC. 

Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.

First Published: Aug 14 2023 | 11:21 AM IST

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