Net data open interest positioning in index futures is suggestive that short bets are still heavy in the system but are beter than what they were at the beginning of the November series, say analyst
“We have brought in the Diwali Muhurat picks for this Samvat. We believe that there is a good amount of opportunity available in the market given the scenario of the current ongoing state election and the union election next year. The volatility will be the nature of the game for next 12 months. ”
Diwali Muhurat Picks: Considering the present market situation, it is positive for domestic-oriented businesses and themes like healthcare, defence, banking, entertainment and infrastructure for the next year.