Here is experts equity calls for the day on how the markets are expected to trade:
Ridham Desai, Morgan Stanley: History suggests that the industrial sector and industrial proxies like the materials sector underperform the market in a rising interest rate scenario and outperform after rates peak. We feel that interest rates may be peaking out and this is one reason to buy industrials and industrial proxies.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
