ET spoke to 5 analysts for their stock picks, which may outperform in FY19.
Nifty rollovers stood at 69% compared to average rollovers of 67% in the last three series.
“The fact that all PSUs hit the market in the same month also affected (FIIs’) response for them,”
Experts say volatility levels have not increased significantly in the current phase of selling.
The Sensex and Nifty are down nearly 10 per cent from their peaks.
Priced at Rs 519 to Rs 520 per share, the Rs 4,000 crore IPO is entirely an OFS of 7.7 crore shares.
Analysts believe that the subsidiaries of the bank are headed in the right direction.
After the Nifty broke the 200 DMA, we saw excessive call writing at 10,200 and 10,100 strike.
Rate hikes are coming this summer. I can’t see them hiking over 50 bps in next 12 months.
Even after steep corrections in the market, the valuations are far from being cheap.
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