Gautam Shah of JM Financials if the the first leg of the rally belonged to IT FMCG and Pharma, the next will be led by auto, metals and Capital Goods stocks. He also believes the banking sector will make a strong comeback.
Traditionally, December has turned out to a good month for stock market bulls around the globe.
According to CNBC-TV18’s managing editor, Udayan Mukherjee, this week is very important for the markets globally as the Friday euro summit might decide whether this December rally which started off well has more legs going forward.