Investors need to focus on the diversified large, mid, or multi-cap segments as the valuation discount of mid/small-cap is adequate at this stage.
Going ahead it is likely that the sectors that were outperformers in the previous bull market may trail the market recovery
The stock of Siemens is making a lower high and lower low formation on the daily chart and it has breached its short term 21 DMA which is currently placed near 1,075 levels
As per weekly option data, handful of put writing on higher strikes ranging from 9,400 to 9,700 is seen which shows Nifty might witness support in subzone of 9,500.
At current levels, it is time to be overweight on equities
Of the 685 stocks from the smallcap index, more than half or 429 stocks beat the index by gaining over 16 per cent during the period.
The stock of ICICI Bank has breached its major rising channel on the downside and also provided breakdown from its double top pattern on the daily chart
In the recent past, we have used the market volatility to add some quality franchises and replaced our weakest holdings. Overweight healthcare, insurance, automobiles/consumer discretionary.
Here's how to protect your finances during these difficult times and work on your short- and long-term financial goals efficiently
For investment, buy in the range of 7,000-10,000 Nifty level - buy 5% at the 10,000 level; raise to 10% at 9,500; to 15% at 9,000; and then keep adding gradually at lower levels
The Jefferies report said that within the Nifty 100 several PSUs such as State Bank of India, GAIL, ONGC, NTPC, Bank of Baroda, Punjab National Bank & Power Finance Corporation slipped below GFC lows.
Sectors like banks, non-bank finance companies (NBFCs), consumer durables and non-durable players, would all make interesting bets.
If you buy a high-quality business that has growth potential, then do not bother about short-term stock price fluctuations. These stocks will eventually rise as and when the tide turns.
Given the attractive valuations, we would recommend investors should capitalise on the same.
As regards coronavirus, it is very difficult to give a timeline as when things will recover.
As of now, Indian market seems quite insulated from the health scare, as there has not been any serious cases of coronavirus here.
The bulk of your portfolio should be in funds that avoid both credit and duration risk
Keep in mind your asset allocation, risk appetite and investment horizon when selecting your tax-saving plans
A lot of propaganda in personal finance contradicts the fundamental law that there are no free lunches ever
Financial advisers are professionals with deep understanding and expertise in how investments work