Investors may choose a wait-and-watch strategy. Banking, finance and consumer durables are likely to profit from stable interest rates, while technology, healthcare, and utilities will be less affected, analysts said
While the benchmarks bucked the weak global trend and moved higher, analysts warn that exhaustion in the absence of any positive triggers may trigger a phase of consolidation
With two major events India s budget and US Fed meeting out of the way, analysts expect markets to take support from the ongoing Q3 earnings season, and remain in positive territory