Vikas Pershad of M&G Investments believes that investors should consider India as a market along with China. He highlights the rise of retail interest and the financialisation of savings in India. Pershad also discusses the potential for absolute returns in China and the growth opportunities in the EMS sector and auto ancillaries market.
Nifty found support at the 20DMA for the second day in a row, on Friday. The trend could weaken if it decisively drops below 21,690. A decisive fall below 21,690 may trigger a correction towards 21,500, says Rupak De, Senior Technical Analyst, LKP Securities.