Gautam Sinha Roy from ICICI Prudential Life Insurance discusses the recent market corrections, noting that there are opportunities in individual stocks. The Covid period presented short-lasting sharp opportunities, with corrections more in smallcaps. The present corrections have not provided as good opportunities though one can look at the aviation and airport theme, PSU, utility sectors as well as the T&D space.
From here on, if Nifty has to sustain at higher levels, contribution from the heavyweight banking space is a must. Since it is struggling around the bearish gap, it is better to wait for further clarification to project higher levels in Nifty, says Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One.
Q3 Results Today: Several major companies are set to report their earnings today, including Siemens, Hindalco Industries, Eicher Motors, BHEL, IRCTC, Bosch, Info Edge (India), Oil India, Deepak Nitrite, National Aluminium Company, NBCC, Hindustan Copper, KIOCL, and Zee Entertainment Enterprises
Stock Market Live Updates: Sensex and Nifty open positive on upbeat economic indicators thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.