Perspective on Muhurat Trading By Mr. Motilal Oswal, Motilal Oswal Financial Services Ltd
Below the Perspective on Muhurat Trading by Mr. Motilal Oswal, Group MD & CEO, Motilal Oswal Financial Services Ltd
‘Hindu Samvat 2080 is likely to start on a positive note on the back strong earnings and healthy economic outlook. Samvat 2079 ended with Nifty gaining around 10%, despite economic headwinds and global geopolitical concerns. Entering into Samvat 2080, we believe India would continue to shine and expect markets to maintain its outperformance. We believe that over the next couple of quarters, sector rotation would be an important driver along with the overall market uptrend. We expect sectors like BFSI, Discretionary Consumption, Construction & Real Estate and High Growth Niche Sectors to drive the overall market uptrend.’
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