₹1791
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Leverage AI to improve product recommendations and increase cross selling opportunities ✌️【Investment Tools】✌️Make your ₹500 grow rapidly with AI-backed investments. Retail investors may eventually also take the passiveinvestingroute, it said.However, the high net worth and ultra-high net worth investors have a better understanding of the volatility in the market, and know how to navigate it, HDFC Securities said.Further, the brokerage also views the rising and unsustainable global debt, and policy disruptions by the US Federal Reserve as risks for equity markets.HDFC Securities is also overweight on large caps in comparison to mid and small cap stocks, given the fully-priced valuations and macro uncertainties.Among sectors, the broker is positive on large banks, top-tiertechnologyfirms, consumer durables, capital goods, real estate, and cement sectors.Micromax and Phison have formed a joint venture, MiPhi, to produce storage chips in India.
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