US Stock Reports, Quotes and News
Aditya Arora of Adlytick foresees Nifty correction post-election due to market overvaluation. He says a short-term spike is possible and suggests caution and waiting for trading opportunities. Arora says: \”Whatever is the top for the market, from there we see a correction of 1,000 to 4,000 points.\” He further recommends a Britannia buy for potential outperformance in choppy market conditions.
Devang Mehta, Director-Equity Advisory, Spark Private Wealth, predicts no immediate market correction. Emphasizes sector selection, favorable monsoon forecast. Suggests opportunities in capex, luxury consumption sectors for investors seeking returns.
Sanjiv Bhasin predicts market correction end post Iran-Israel conflict. He recommends ONGC, Vedanta, Indiabulls Real Estate and . advises buying IDFC First Bank, Hindustan Lever and Axis and ICICI banks. Furthern he favours TCS over Infosys, Wipro, LTIM, HCL Tech as top picks. Bajaj Auto is lauded for growth potential while Reliance Industries is expected to deliver strong results.
Vidya Bala advises cautious optimism in market investments, with focus on specific sectors for potential growth. Monitoring commodity prices, market corrections, and sector shifts for strategic investment decisions amidst evolving market conditions. Bala further says: \”Moving into FY25, we are not sure if the earlier growth momentum can be maintained.\”