5400 would a level to watch out for: Sharyans Wealth Management
Lancelot D'cunha, CEO, Sharyans Wealth Management in an interview with ET Now talks about Nifty trends.
By ET Bureau |
Lancelot D'cunha, CEO, Sharyans Wealth Management in an interview with ET Now talks about Nifty trends.
Where do you see current markets headed? 5300-5400, is that the range you are looking at or do you think we are pretty much topped out at current levels?
It would test 5400 and that would be a level to watch out for. So you would see markets testing this 5400 levels.
Where do you see this trend, where do you see the leadership coming from in terms of sectoral performers? Do you see autos leading the run up, do you see capital goods as a story performing well? Which exactly are the key strength areas?
The oil and gas, Reliance and the banking sector likely to perform and autos have more or less, their earnings have factored into the price but otherwise, I would see banking and the Reliance Group really performing this time.
Where do you see current markets headed? 5300-5400, is that the range you are looking at or do you think we are pretty much topped out at current levels?
It would test 5400 and that would be a level to watch out for. So you would see markets testing this 5400 levels.
Where do you see this trend, where do you see the leadership coming from in terms of sectoral performers? Do you see autos leading the run up, do you see capital goods as a story performing well? Which exactly are the key strength areas?
The oil and gas, Reliance and the banking sector likely to perform and autos have more or less, their earnings have factored into the price but otherwise, I would see banking and the Reliance Group really performing this time.
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