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So, everything is getting linked to how the Chinese demand pans out and how the steel prices. And if the global steel prices rally from here, then these stocks can even give returns on the current levels.
Comparatively the contract value of Sensex is lower than the Nifty. So, I think that is also for competition, that is also for more retail participation and again this is for, as per the rule of keeping the derivatives contract value to 5 lakh rupees.
CA Rudramurthy BV predicts Nifty to rise to 23,000-23,200 and Bank Nifty to 50,000 in April. He recommends buying on dips, especially emphasizing opportunities in public sector enterprises, power stocks, and specific companies in the real estate sector. He further says: " Trent is a buy on every dip or at any price and hold it in your portfolio."
Anil Rego explains the implications of choosing between old and new tax regimes, emphasizing the importance of deductions like home loan interest. Opting in is necessary for the old regime, which offers specific benefits for tax planning. Rego says: "It makes sense for you to go for the new tax regime if you do not have too much tax saving investments. But you would ideally need to compute it."
Chirag Muni from Anand Rathi Wealth Ltd advises on debt and equity allocation based on investment horizon, highlighting the importance of debt in stabilizing portfolios and managing market volatility for optimal returns. Muni says: "If you have a 6-year plus horizon, then there is a case to have 100% equity."