Nifty may slip to 16,800 levels and Sensex to 56K; use dips to buy in these 5 sectors: Ravi Singh, ShareIndia

Nifty may slip to 16,800 levels and Sensex to 56K; use dips to buy in these 5 sectors: Ravi Singh, ShareIndia

“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

Sustainable recovery unlikely; short these five stocks are current levels: Ravi Singh, ShareIndia

Sustainable recovery unlikely; short these five stocks are current levels: Ravi Singh, ShareIndia

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