Experts View on Market: Talking about further market movements and outlook Market Expert Rahul Arora Said that the absence of FIIs from the Indian market, many mid-smallcap stocks staying away from their life time highs, pressure on the rupee, US trade deal all are a bit worried in the market. However, as the budget day approaches, expectations regarding the market will increase. If the budget lives up to the market’s expectations, the market will not only touch its previous high but may also surpass it.
BSFI is a more reliable sector, it will also see a growth of 13-25%.
Rahul Arora finds BSFI a more reliable sector. He says that the credit growth of the sector is around 12-12.30 percent. Continuous growth is being seen in the results of companies. ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank all these big banks have ROE between 14-16. NIMs of banks have improved and NPAs have decreased in Q2. Many banks are under asset quality control.
He further said that not only banks but also auto, insurance, housing finance, there is an overweight view on all these sectors because good growth can be expected in these sectors in the coming 1-2 years. Big players in this sector can show growth of 13-15 percent from the current level. Whereas midcap players can show growth of 15-25 percent.
Dixon Technology and Amber Ent are preferred in EMS space
Speaking on EMS space, Rahul Arora said that my advice would be to buy Dixon Technology shares every dip. At the same time, Amber Ent’s share in this space is also quite good because the impact of the capacity added in the PLI scheme will be visible till the financial year 2027-2028. This space is very good. Therefore, it would be advisable to buy these 2 stocks in this space on dips.
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