The next phase of the market rally is likely to be led by the IT and banking sectors, supported by their strong Q3 performance and favourable valuations, says Ravi Singh, SVP – Retail Research, Religare Broking. “The banking sector, in particular, stands to benefit from a positive Union budget for FY26 and the Reserve Bank … Read more
“Interest rate hikes by the global central banks have strengthened fears of recession while inflation still remains high in the global economy,” said Ravi Singh, Vice President and Head of Research, ShareIndia. In an interview with ETMarkets.com, Singh said he is highly bullish on the auto sector and his top picks are , , and … Read more
The BSE Sensex lost about 3,000 points to close at 51,360, whereas the Nifty50 index plunged close to 990 points to settle below the 15,300 mark during the week. Both indices are a little shy of entering the bear zone. According to the market experts, the aggressive rate hikes by the US Federal Reserve and … Read more