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If government policies continue the way they have been, then all bets are on the table for PSUs to catch up with private peers, says the Avendus Wealth Management managing director and chief investment officer
Over the next few months, if the small and mid-cap stocks continue to go through the correction phase or move sideways, redemptions are unlikely to increase substantially, especially in the mid and small-cap funds, says Sujit Modi.
The Nifty may face hurdles at 22,250-22,300 and, if this level is broken decisively, then a record high can't be ruled out. On the downside, it the index breaches the 22,000 level, then 21,900 is going to be next support level and then 21,700, the low of the last week
On the upside, the levels of 22,200 – 22,450 are anticipated to pose strong resistance in the current week starting from March 26.
Divam Sharma of Green Portfolio is underweight on banking and says he will wait for valuations to slim before adding major exposure