The target for Sensex at 44,000 by March 2020
(12 percent upside), and any kind of sell-off (around 5 percent or more)
should be providing an interesting entry point into equities, Nitin Rao, CEO,
Reliance Wealth Management.
The countdown has already started for election results, which are scheduled to
be announced on May 23.There are four possible scenarios which investors
can look out for and accordingly devise their trading strategy. According to a
report by IIFL, the first possible scenario is BJP winning with an absolute
majority.Buzzing stock B M Khaitan Group companies plunge on bourses after
ratings downgrade.NBFC stocks: Catching the falling knife could be tricky amid
fresh concerns.Mindtree's Q4 casts doubts on immediate gains for L&T from
the buyoutMaruti Suzuki India's
decision to phase out diesel cars by April 2020 is, very simply, a textbook
example of internalising the true environmental and social costs of an
industry. Maruti's decision is also emblematic of how the right combination of
crucial factors can drive change that has previously seemed impossible.
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