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Trideep Bhattacharya of Edelweiss Asset Management expects tailwinds for companies exposed to EMS theme to be multi-decadal in nature.

The prevailing sentiment remains optimistic in the Nifty50, contingent on Put writers safeguarding the 19,900 levels.

The next hurdle for the Nifty is the 20,164 levels. If the index can break this levels, it could move up to 20,300 and 20,500 levels.

The next targets for the Nifty50 to watch out for would be 20,500-21,000 in the short term, considering the strong momentum sustained through the last seven sessions with participation from bank and IT stocks

It is the time to increase the exposure in largecaps and reduce in midcaps. Risk reward does not seem favourable in mid and smallcaps.

Ashish Kyal expects consolidation or minor retracement in midcap, smallcap indices, but it will be an opportunity to enter into the stocks that have shown leadership role during the rise.

Considering the strong momentum, the index is likely to march towards 20,000 milestone in coming days, provided its holds 19,700-19,800 area, while the crucial support remains at 19,600-19,500 levels, experts said

A lot of the young men who became stock traders in the 1980s saw themselves as rebels. With their Porsches and drugs and (by the decade’s end) their idolization of Gordon Gekko, they put the kill into making a killing. They were the new swingers of greed. Of course, they weren’t really rebels, but it …

Asahi India rebounded sharply and recouped all previous four-day losses in one session, rising 8 percent to Rs 595. The stock has formed strong bullish candlestick pattern on the daily charts, with robust volumes and trading above all key moving averages.

Short-term volatility may persist due to election results, but ultimately, Ambit Asset expects the markets to move beyond that and remain fundamentally driven says Manish Jain.