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ITC, HDFC Bank, ONGC shares: Greater fool theory at play; explaining investor apathy towards largecaps

Source: Business Today

Kotak Institutional Equities attributed the shift in investment behavior of large parts of the market largely to momentum investing, aka the greater fool theory, at the expense of value investing.

Attribution

This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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