Definedge’s Prashant Shah sees Nifty heading beyond 30,000 in Samvat 2082, with metals, defence, and midcaps poised to surprise investors.
Vikas Khemani sees Nifty hitting 30,000 by next Samvat, driven by Fed rate cuts, FII inflows, and an IT sector comeback after years of de-rating.
Top sector picks for the new year are consumer discretionary including auto and auto ancillary, financial sector, and IT, said Ashish Kyal.
USD weakness, policy chaos in the US, and overvaluation in US markets could potentially redirect foreign flows to emerging markets like India, said Nilesh Shah.
Chasing growth in midcaps will continue to remain a strategy that will reward long term investors in the year to come, said Rohit Srivastava.
The Nifty 50 index is expected to face resistance at the 25,900–26,000 zone on the Muhurat Trading day, while support is placed at 25,700, followed by 25,500 as a crucial level, experts said.
Market sentiment is likely to remain favourable for bulls on the Muhurat trading day. Below are some short-term trading ideas to consider.
Stocks to Watch, 21 October: Stocks like Geojit Financial Services, State Bank of India, National Securities Depository, Axis Bank, Marathon Nextgen Realty, Unimech Aerospace and Manufacturing, Bliss GVS Pharma, and South Indian Bank will be in focus on October 21.
As long as the Nifty 50 sustains above 25,700, a rally towards the 25,950–26,000 zone can't be ruled out before potential consolidation sets in. The crucial support remains at 25,500, experts said.
Rahul Singh of Tata Asset Management says valuations today are still not cheap, but they’ve certainly normalised compared to the previous year. From here on, he expects the focus to shift more towards earnings growth.
HDFC Bank has rebounded off the support area and is moving towards its high and may see a breakout above Rs 1,025 level that could lead the stock to fresh lifetime highs, said Milan Vaishnav.
Given the powerful rally with encouraging technical and momentum indicators, if the Nifty 50 decisively closes the bearish gap by surpassing 25,740, the upward journey toward 25,900–26,000 can’t be ruled out. However, 25,500 can act as immediate support, experts said.
Vipul Bhowar believes there are good investment opportunities in metals, quick-service restaurants (QSR), and building materials.
While it may be premature to project extremely optimistic levels like 29,000–30,000, given the strong technical structure and improving macros, Nifty could well move towards the 27,000 zone in Samvat 2082, said Sudeep Shah of SBI Securities.
Even after 59 percent rally in the Samvat 2081, Nimesh Chandan of Bajaj Finserv AMC expects gold to remain strong in the coming year, supported by persistent ETF inflows and robust central bank buying.
Nilesh Jain of Centrum Broking expectss the banking index to potentially surpass the 60,000 mark in the upcoming Samvat year.
The IPO pipeline is expected to remain healthy in Samvat 2082, supported by steady domestic liquidity, and sustained investor participation, Jaspreet Singh Arora said.
Looking ahead to Samvat 2082, the EMS sector is set to benefit from global supply chain diversification and continued government support.
Kranthi Bathini of WealthMills Securities sees value in BEML, RVNL, and Titagarh Wagons from railways sector, suggesting Samvat 2082 could be a year of steady recovery for the sector.
With double-digit profit growth on the horizon, India’s equity story looks poised for a stronger turn.
After 15 months of time correction and fading excesses, the veteran investor believes the stage is set for steady, double-digit compounding — but cautions that investors must dial down expectations and stick with large caps.
Muhurat Trading, a long-standing tradition in Indian stock markets, is held every year on Diwali but it was happening in evening and for the first time the timing it has been shifted to afternoon.
As we step into Samvat 2081, investors are faced with a new set of questions: Where are equities headed after a stellar year, and is it time to turn cautious or see this as a buying opportunity? From assessing market consolidation to deciding between midcaps and large caps, this year’s outlook offers both challenges and potential gains. Catch Nandita Khemka in conversation with Feroze Azeez, Deputy CEO at Anand Rathi Wealth, for rapid-fire insights on everything from Nifty targets to sectoral opportunities and wealth creation strategies.
As we enter Samvat 2081, investors are left contemplating what lies ahead for Indian equities. After a stellar rally, is it time for a reality check, as valuations remain high despite recent corrections? Experts say this period presents an opportune moment for stock pickers to shine, encouraging a bottom-up approach to investing. However, key risks loom on the horizon, including fluctuations in earnings and foreign institutional investor (FII) outflows, which warrant careful consideration. Catch Nandita Khemka in conversation with Siddarth Bhamre, Asit C Mehta Investment Interrmediates on where are the markets and where to invest in Samvat 2081.
Diwali Muhurat Trading | Volatility has hit a fresh two-and-a-half-month high. Overall, the NIfty 50 has been range-bound between 24,000 and 24,500 for more than a week, and this trend may continue until it breaks out of this range in either direction, according to experts.