Ritika
Amid the continued selloff on Dalal Street triggered by US Fed’s hawkish than anticipated commentary, it’s changing into more durable to purchase stocks. While financial institution stocks are the worst affected, defensives like pharma, IT and FMCG are outperforming. Smallcaps are trying extra weak.
ETMarkets spoke to Dikshit Mittal, Fund Manager & Senior Equity Research Analyst, LIC Mutual Fund to perceive how to make investments in the present market situation.
Welcome to the present sir:
Q. In the final one yr, Nifty Smallcap has misplaced over 11% in opposition to a flat Nifty. Do you see the pack outperforming as soon as once more?
Q. Are there any sectors or stocks the place you prefer to to be a contra buyer at this stage?
Q. Whether it has one thing to do with Putin or Powell, the Indian fairness market has remained resilient in comparability to different international indices. Do you suppose we’re going to fall in sync with the worldwide market?
Q. Any explicit themes that you’re bullish on at this stage?
Thank you Mr Mittal for the insights.
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