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A recession is imminent and favored tech stocks set to crater like the 'Nifty Fifty' did, BCA Research says

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The rise and fall of the Nifty Fifty stocks in the 1970s is a cautionary tale for investors in the Magnificent Seven craze, according to BCA Research.

The rise and fall of the "Nifty Fifty" stocks in the 1970s is a cautionary tale for investors in the Magnificent Seven craze, according to BCA Research. The "Nifty Fifty" refers to a loose group of stocks including Coca-Cola , IBM , Xerox and Pfizer , that rose to prominence in the 1970 to 1973 bull market.

India has emerged as one of the best global markets for the long haul. Here are the drivers—and how to play the rally

 

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