Stock market: Talking about what is the outlook of the market for 2025 and how much more decline is still left in 2024, market expert Meharboon Irani said that within the last one and a half month, a sharp decline has been seen in the market. When the market falls, we think that Nifty will fall further, but we should pay attention to one thing from the trending point of view that if we look at the market for the last 15 days, there has been a lot of slowdown in Reliance, Auto and FMCG. At the same time, pharma and IT have performed well. This is an indication that the market is now becoming theme specific. During this period, some energy and defense stocks have also done well.
The market became a complete stock picker’s market.
As far as investors are concerned, keep in mind that at present there are at least 10 percent stocks which are above the level at which they were when Nifty was at 26000. It simply means that the market has become a complete stock picker’s market. In such a situation, instead of looking at Nifty, we should focus on those quality stocks which have undergone good correction, whose sector is good, management is good and whose valuation looks good. If they fall further by 5 percent and can show a rise of 20 percent in the next 6 months, then what more do you want.
It is not very easy to make money in the market at this time
Meherboon further said that it is not very easy to make money in the market at this time. For this we will have to be theme and stock specific. Valuations of many sectors and shares are still very expensive. The results of the third quarter may be better than the second quarter. But on an annual basis this will not be very good. The situation in the global market is very bad. Keeping these things in mind, focusing on shares instead of indices would be a better strategy.
Meharboon is of the opinion that FMCG, consumer durables and auto may remain under pressure for some more time. At the same time, he likes sectors like Agrochemicals, Pesticides, Specialty Chemicals and Fisheries. Apart from this, he remains bullish on the energy sector. Meharboon says that infra shares are a bit expensive but still she likes them. The reason for this is that government expenditure on infrastructure is expected to increase again. There has also been an increase in the orders received by these companies.
Market correction: Technical indicators and option data are indicating that the market decline will continue next week also.
Avenue Supermart While talking, Meherboon said that the company is good, the management is good but this share is very expensive at this time. There is no hope of making very good money here in this stock. At this time inflation is troubling everyone. Due to inflation, there is pressure on the demand of FMCG sector.
reliance But while giving his opinion, Meharboon said that this stock has formed a very good base. If it comes around Rs 1225 then it can be bought. Even if this stock increases from Rs 1200 to Rs 1500, it will be seen outperforming Nifty in 2025.
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