Stock market: On the basis of banking sector, recovery has been seen in the market today. The Sensex-Nifty has closed down from the lower level today. However, even today the closing is in the red mark. Midcap and smallcap stocks have seen good purchases. Realty, PSE and metal stocks have also been purchased. Energy, banking, oil-gas index have also been closed at the edge. At the same time, pressure has been seen on IT, Pharma, FMCG stocks. The correction phase in the market has become longer. Investors’ portfolio has a deep redness. What should investors do in such a situation. Discussing it Kotak Mahindra Amc Cio Equity Harsha Upadhyay Said that the market is having trouble with Trump’s statements. But most of the problems have been due to expensive valuations and weak earnings.
Expectations in the market were high. But these expectations did not get the support of Earnings, due to which there is a valuation reset in the market at this time. It has more impact on small and cold shares. However, large caps are also lighter. But they have not been beaten as mid and smallcap.
Harsha Upadhyay He further stated that the banking sector is expected to rise in credit growth, the RBI’s measures to increase liquidity and the possibility of further cuts cuts. Their valuation also looks good. At the same time, the pharma sector will be waiting for the details of Trump’s tariff. In such a situation, the volatibility will continue for a few weeks. He further said that if you compare the valuation of large cap, mid and smallcap, then in this sense there is more valuance comfort in the large cap. If you invest for a long period, then the valuation risk in largecap is not high.
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