FOR BEST INTRADAY LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587
In this week stock market had a short
roller-coaster week, with the year ending and March series F&O contracts
expiring on the same day. On the whole, the micro triggers in the form of
earnings are showing signs of improvement. However, the macros pose a huge
challenge in terms of rising yields, a jump in crude oil prices and increased
barriers to international trade, which have created headwinds for our indices.But the offshoots of recovery were visible in
some of the sectors this week. The market principally reacted to global cues,
but the same is likely to change from April when the first set of earnings
numbers will be released.
All the pessimism has already been captured by
the market; LTCG on equity has got priced in and F&O expiry should create a
launch pad for good recovery at least in April while elections in Karnataka
could again create jitters for the market in May.The market is expected to gain momentum slowly
in April and bounce back from the lows on expectations of good earnings
numbers. Pharmaceuticals can surprise as the base of last year was low and any incremental
growth in profit will have a high-beta impact on stock prices. There is still
uncertainty regarding how the US markets will unfold and the impact of trade
wars if it heightens. But the same has been more or less factored in and,
therefore, the market should perform better than what the majority is expecting
on the Street. One should be patient and look out for sectors such as pharma,
IT, NBFCs and good quality private sector banks. Investors should deploy a part
of their capital in good quality stocks at current levels.
No comments:
Post a Comment