stock picks: Will upward momentum in IT stocks continue? Aditya Arora answers
“So, the early trends are very encouraging. And if we had to compare Nifty and Bank Nifty, then Bank Nifty looks really good and is in a good position to …
“So, the early trends are very encouraging. And if we had to compare Nifty and Bank Nifty, then Bank Nifty looks really good and is in a good position to …
“It is not for the intraday or one or two-days trade, but positionally if we were to see, they are likely to do well in the coming times and overall …
“I think that could be a good time to take chips off the table, book profit and wait for the lower price to get in the market. So, that is …
“We must watch out if this level holds out, then we can see a short-term bounce in the market, but more worrying is the weakness in smallcap and midcap space,” …
“And as you said that there has been a good sector rotation in the market and there are many stocks in the largecap segment also which are looking very good …
“Even the Nifty has added almost 30 lakh shares for this fresh series. So, both indices have witnessed a long built up setup series on series and looking at the …
“The percentage of CNX 500 stocks trading above the 50-day moving average has improved from 48% to 65%. This suggests the rally should continue, also supported by strong global cues. …
“One day we see a gap up and another day we see a gap down. So, market is directionless and choppy. So, in such kind of a market, fmcg space …
“So, we will wait for a breakout or breakdown for market to decide in which direction it could trend for more 1% to 3%, but right now if we have …
The Union budget has maintained infrastructure spending and increased focus on agricultural research and horticulture. The consumption sector is also expected to benefit from certain incentives announced, while housing finance …