While discussing the market outlook, Ajay Srivastava, managing director of Dimensions Corporate Finance Services, said that there is a lot of pain in the market but there is no need to sell in panic. At this time, the wrong thing has spread in the market that there is only trouble in midcap in the market, Larkcap is perfectly fine. The right thing is that large cap is also being beaten up a lot. The stock like Trent has also fallen from Rs 8000 to Rs 5000. In such a situation, do not come in the fact that mid -cap companies are now over. It is definitely a matter here that the results of all companies in midcap have been weak.
Now you have to do that do not get out of your good long -term shares in the panic. Yes, the losses purchased by mistakes, whatever the profits are happening in them, book them in strong shares. At this time there are very good opportunities for shopping in select quality shares in the market. The market can be 2-5 percent above here. Use this decline as an opportunity for shopping in good shares that you missed in buying at the right time. Do not do all the buyers simultaneously, slowly buy when you get your level. It is not a time to sell this, by selling at this time, you will curse yourself after a year, what I have done.
India January WPI: The wholesale inflation of January decreased from 2.37% of December to 2.31%
Ajay further said that in New Age Technology companies, you should take care of how strong the company is and how transparent the policies of the company are. 3-4 shares are very good in this category. Their market share is very good. Keep in mind that Ola is a two wheeler company, we will not keep it in new age companies. New age companies working in delivery, food and iteres look quite good. The market is currently giving a chance to shop again.
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