9 fund houses have bought these 11 stocks when the market was going down. Should you also buy them? Debashis Basu & Shailendra Lotlikar  offer some clues

When fund managers buy a stock, it is supposed to be moving into ‘strong’ hands because they are supposed to be buying with the long term in view and have the resources to do a lot of in-depth research before they place their buy orders....

For many years, for sheer consistency of operations, there was nobody to beat Hindustan Unilever (HUL). Over a decade through riots, drought, flood, plagues, falling governments, foreign exchange crisis and Southeast Asian panic, investment in HUL gave great returns. But economies change, competitive landscape changes and companies have to change too. But HUL hasn’t and that is obvious now....

If you want to splice together a couple of surveys from The Economist and extend it to make a 336-page book on a cutting-edge issue like “the global race to fuel the car of the future”, you have a problem. You need to find another 300 pages from elsewhere. Well, that’s one reason you come across the following sentence in this book: “The Parsees are a Zoroastrian sect, originally from Persia,...