Stock market: Sushil Kedia of Kedianomics, while talking about the market, said that the setup of Nifty is quite complex. It is possible that Nifty may fall to 23400 and once again come back to 24400 and after that it may rise again to 25000. HMPV virus has been in the world for 20 years. An atmosphere of fear is being created in the market regarding this. It seems like this is a market of induced fear. At present, goods are being snatched in the market by intimidation. In this fall, the market may fall to 23300-23400 in the next 10-12 days. More decline than this is not expected. After this we will see a rise.
Sushil Kedia further said that we expect growth in the market till the budget and even after that. In such a situation, we should find budget bets from now on. By mid-February or end of February, we may see a level of 26000 and maybe even 27000 in Nifty. You will be afraid and earn money in the market, both these things cannot happen simultaneously, we have to work fearlessly.
Sushil further said that at present there are earning opportunities in many stocks. Talking about financial services, in the next 4-5 months Jio Finance It can be double from here. At the same time, it can happen in this year 2025 Bajaj Finance From here it gets halved. This share of Rs 8100 can fall to Rs 4100. In such a situation, we are seeing a two-way move. Motilal Oswal in Brokerage Shares A rise of 40 percent is visible from here. A share of Rs 900 can go to Rs 1300. similarly Angel Broking There is scope for a rise of 40-50 percent.
Other than this Small Finance Bank Due to budget effect, we may see a rise of 70-75 percent. Only in PSU banks IOB Bank There is hope for a rise. Double bottom has been formed in this stock. This share can also double from here. Another 4-5 percent correction is left in other PSU banks. Once this correction is completed, there will be buying opportunities in other PSU banks also. But Bank Nifty HDFC, ICICI and Axis Bank Like it would be advisable to stay away from giants. We have to hedge by shorting big banks and make short purchases in small finance banks and PSU banks.
Sushil says that in the metal space MOIL A higher bottom is being formed. This stock can also double from here. In this, it would be advisable to place bets from a perspective of 3-6 months. The company will benefit from the increase in manganese prices. Sushil in auto sector Tata Motors Like it. A big reversal has come in the British pound. With a 20 per cent rise in the pound, Tata Motors would lose 40 per cent.
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Sushil in insurance shares SBI Life and HDFC Life An increase of 40-50 percent is visible. according to them LIC of India There is a possibility of 25-30 percent growth from here also. He also says that Reliance and ONGC Will move forward and lead the market.
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