The market is putting a good fight amid bad news from both global, as well as, domestic fronts but most of it is in the prices, feels Atul Suri, Founder & CEO, Marathon Trends in an exclusive interview with CNBC-Tv18.
“The market trend is improving but the focus should be on quality. Time has come for the bulls because the market breadth is improving, the market is giving a fight and hopefully, we should see 13,500 on Nifty in the next 1 year which is about 18-20 percent upside,” said Suri.
Going forward, investors could see a rally in the small and midcaps, but largecaps that are in flavour will continue to attract plenty of attention. However, Suri emphases the fact that focus on the quality in the broader market is of utmost importance.
Even though the market has not done much in the last year, there are plenty of sectors that have done well including insurance, AMC, and speciality chemicals.
In terms of sectoral trends, Atul likes the realty sector in the long run. He feels stocks that which do well in a falling market are usually leaders of the next bull market. He like Godrej Properties, and DLF.
When things stabilise in the market, these two stocks could lead the next bull run, says Suri.
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