Amol Athawale believes to stick with good quality frontline IT companies would be the ideal strategy for the positional traders.
Ashwini Shami sees general elections as a low probability but high-impact event on the negative side in the short run.
The Nifty Realty index is not yet overbought on the charts. It has hit a fresh 52-week high following classical consolidation, said Milan Vaishnav.
The markets are forward-looking and seem to have already factored in potential rate cuts, which explains the buoyancy in sectors like metals, real estate, and automobiles, says Anirudh Garg.
For the coming week, one can use a pullback on the Nifty to sell weekly Call options for a strike of 23,050, as it will not be easy for the index to break above 23,000 unless strong momentum is witnessed across the sector, says Ashish Kyal.
With the global markets on a rebound mode post the US Fed Policy announcement, Shah, of SBI Securities, feels Nifty could continue consolidating between 22,280 on the downside and 22,800 levels on the upside in the coming week.
The Managing Director of Bexley Advisors also points out that rural India is 'very much the untapped base of the iceberg.'
A slower pace of disinflation, rebound in commodity prices, the geopolitical situation, and credit accidents are potential risks for global central banks, says Radhika Rao.
Kothari, DVP, who has around 15 years of work experience in technical research, is bullish on Balrampur Chini Mills and DCM Shriram for the coming week.
Rego remains positive on BFSI given its healthy growth outlook and earnings trajectory, with return ratios expected to remain healthy.
The consolidation in Nifty Pharma index is likely to breakout on the upside, says Jatin Gedia, who is a technical research analyst at Sharekhan by BNP Paribas.
The Head of Institutional Equities at HDFC Securities expects consumption demand to witness a slight pickup in FY25 and suggests adding exposure to the FMCG sector on a selective basis.
NHPC has seen strong traction in the last couple of trading sessions as it resurged from its 21 DEMA to witness an ‘Inverted Head & Shoulder’ pattern breakout on the daily chart, says Osho Krishan.
An above-average monsoon will benefit cement players, who derive a significant portion of their revenues from rural housing, says the founder and fund manager of Green Portfolio.
The recent price action of Yes Bank indicates a significant development in its long-term trend, says Jigar Patel
The rural economy should do well with the IMD forecasts of a normal monsoon. This should support consumer stocks derated in the absence of volume growth, says Nilesh Shah.
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Earnings growth of domestic cyclicals (largest contributor to earnings) is forecast to decelerate in FY25, says Nitin Bhasin.
For Nifty, 23000 appears more probable while 23,500 would be over optimistic in May series, says Jatin Gedia.
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Abhishek Banerjee thinks markets are not pricing in any black sawn in election - which could be results at the extremes
Identifying companies with highly attractive valuation multiples in a bull market is always challenging. Right now, largecap stocks are better priced, says Shailendra Kumar.
If the Lok Sabha results are in line with market expectations, double-digit returns can’t be ruled out in the current financial year, says Santosh Joseph. From a valuation perspective, banking, IT and pharma are looking good
The rise in US Treasury yields presents a complex scenario for global equity markets, with India being no exception, says Wright Research's Sonam Srivastava.
Whitespace Alpha CEO Puneet Sharma advise a diversified portfolio to avoid sector-specific shocks due to election uncertainty and tensions in West Asia and Europe