Moving past 16,700 and staying there is critical. Even though I don't see any sharp corrections but range-bound trade is expected on the Nifty
Select FMCG companies look positive, while pharma stocks need to be taken on an individual basis.
On the sectoral front, IT and Pharma need should be on investors' radar which are seeing positive rotation
Atul Bhole, Senior Vice President, Investments, DSP Investment Managers shared insights on what's the best approach for investors in markets
Milan Vaishnav, Gemstone Equity Research spoke to Money9 on whether a deeper correction is in the offing.
UltraTech Cement, Bajaj Finance, HDFC Bank were the top Sensex gainers.
Mudit Goyal of SMC Global said till the time largecaps will continue its upward run, we can expect to see further higher levels.
Markets are showing signs of a bigger correction as there is no strength in the broader markets
Sectoral rotation is clearly taking place. Today it is the energy and FMCG index pushing markets higher.
The structure of markets is bullish, Nifty looks set to hit 16,800 and the downside looks capped