Talking about the market strategy Cio Naveen Kulkarni of Axis Securities Says that the challenge is visible regarding growth. However, due to the correction in the market, the value was seen to be quite emotion. Smallcap and midcap have had a deep correction. The results of Q2 are also not much better than Q1, but Q3 results are expected to be good. Due to which the value is more visible in midcap and smallcap. Therefore, investors will be advised to invest in quality shares, further quality shares will be more likely to make returns.
Capital Goods became challenges
Naveen Kulkarni further said in this conversation that Q1 results in BSFI sector should not be very good. There will be a little challenge in the BSFI sector, due to which it will see possibilities regarding further growth. There is also challenges in capital goods.
Challenge not much in EMS space
Talking on EMS space, he said that there is not much challenge in this space. In this space, concerns about valuation remains. This space can be invested on the right value.
Challenges in the IT sector
Talking on the IT sector, Naveen Kulkarni said that except for a few selected shares in the IT sector, the low growth is stuck in the trajectory and he is not able to come out from there. Due to this, the Quality of Companies are quite high. The challenge is here that IT stocks are not able to be monitored and the valuation of the overall sector is not very much change. The speed of growth in the sector is quite sluggish. According to that, if you want to do trading in the sector, then buy on Dips can be done. However, there is challenges in the overall sector.
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