Stock market views: Talking about the outlook ahead of the market Market expert Anil Rai It is said that if we look at the technical chart, the Nifty is a level of (50dma) at the level of 24930. On Friday, the market’s closing indication that the market appears around this level. If the Nifty is rebound from there, the market will see a boom. If this level breaks downwards, a sharp selling will be seen in the market, which can take the Nifty to a level of up to 24,500.
The results of companies that have come so far are trying to spoil the market mood atmosphere. Banks, IT results have been bad. The market and IT index are more likely to go upwards in the market due to high weightage index. I believe that somewhere in this result season, the market seems more likely to go a little sideways or downside. After that, you may consolidate the market and try to come up from there.
Further growth possible in NBFC sector
Technically, there is a possibility of good growth in the NBFC sector. NBFC’s asset growth is good in terms of business model which is not in banks. There is pressure in the asset growth of banks. NBFCs adopt their business big fast and if you want to add new streams in their revenue, then there is a big quick for them. Adding anything and the technological base that is looking for new avanus of how we can develop a new revenue stream.
Fast move in thermatic sector
Fast move is seen in the themetic sector (theme sector) since Kovid. The returns that are received in 2-4 years are found in 2-3 months only. For example, there was a round of railway sector, defense shares had a faster. When the theme of green energy started, everyone started making money in green energy shares. This is the reason why it is no longer the time to hold our investment in the theme sector for 1-2 years. It is already discounting.
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