Even as headline indices remain range-bound, selective buying is emerging across banking and financial names, signalling a sectoral churn ahead of the year’s second half, according to Deven Choksey, Managing Director, DRChoksey FinServ Pvt. Ltd. According to Choksey, the second half of FY26 is expected to deliver stronger growth for several sectors, with banks among … Read more
The Indian market ended lower on Friday, with the Sensex and Nifty logging a second day of losses as investors booked profits amid mixed corporate earnings and cautious global cues, with a stronger U.S. dollar and the Federal Reserve’s tempered stance on rate cuts dragging on sentiment, while banking heavyweights HDFC Bank and ICICI Bank … Read more
In an exclusive conversation with ET Now, Dhananjay Sinha from Systematix Group shared his perspective on the ongoing market trends, particularly focusing on PSU banks and the metals sector. With Nifty facing mild pressure, the spotlight has turned to public sector banks, which have been driving the recent market uptick. When asked about his view … Read more
After six consecutive sessions of solid gains, the Nifty paused for breath on Friday, slipping below the 26,000 mark. While some investors see this as a short-term consolidation, market expert CA Rudramurthy BV believes the broader trend remains strong and sector rotation could fuel further upside. “See, we have to understand from 24,600 Nifty has … Read more
The market narrative is increasingly shifting towards select pockets of growth within banking, consumption, and healthcare, says Shibani Sircar Kurian, Senior Fund Manager and Head – Equity Research at Kotak Mahindra Asset Management Company. In an exclusive interaction with ET Now, Kurian outlines her perspective on PSU banks, NBFCs, discretionary consumption, and emerging opportunities in … Read more
The market movement this past week can be explained quite clearly if you look at the flows. Market expert Sunil Subramaniam in an interview to ET Now said that domestic institutional investors (DIIs) have remained consistent buyers, even during the volatility. The pressure has come entirely from foreign institutional investors (FIIs), whose selling has intensified … Read more
The Indian equity markets appear to be nearing a short-term bottom following a four-day correction, according to market strategist Rohit Srivastava. “Well, my sense is that we have seen a rather four-day good correction which is sort of a 38% pullback to the up move we had seen since 29th of August. I believe it … Read more
Railway and defence stocks staged a rebound in Tuesday’s trade, sparking debate over whether the bounce was sustainable or merely a technical blip. Market experts noted that valuations in these pockets remain elevated, but recent corrections have opened selective opportunities. Narendra Solanki, Head of Equity Research at Anand Rathi Shares & Stock Brokers, told ET … Read more
“These are the two or three key factors dragging the market. However, on the domestic front, the macro setup looks decent—monsoons have been good so far, interest rates remain low, and liquidity is improving. These factors should bode well for the second half of the year. The third and fourth quarters could see better performance,” … Read more
“We expect a strong up move in State Bank and State Bank can be bought. Currently, it is trading somewhere around 818, 820 levels. It can be bought with a stop loss of 802 and the upside that we are expecting is 855 on the State Bank,” says Rajesh Bhosale, Angel One. Considering levels on … Read more