Stay updated with breaking news from Marathon trends. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Market veteran and trader Atul Suri is seeing strong signs of a global recovery in equities, led by India. He bets that there is still more upside on Nifty from current levels, and soft crude prices will sustain this rebound in world equities. ....
Talking about the top sectors to look out for, Suri mentioned that electrical equipment space, defence, hotel and auto stocks are the sectors that are leading things ahead and are all at life-time highs ....
The fund managers further added that his PMS managed to deliver around 2 per cent return to investors in March when the benchmark equity index NSE Nifty and BSE Sensex gained just 0.32 per cent and 0.05 per cent, respectively. ....
The Nifty 50 index closed 0.67% higher to 17,711.45, while the S&P BSE Sensex gained 0.69% to 60,224.46. Eleven of the 13 major sectoral indexes rose, with high weightage financials and information technology adding 0.58% and 1.22%, respectively. ....
Atul Suri, CEO of Marathon Trends PMS, said ace investor Rakesh Jhunjhunwala was sharp in judging talent, which helped him go beyond the financials of the company. ....