The Nifty continues to go up slowly but steadily. The real story is in the midcaps where there are bigger swings. Many corrected about 20 pc or more when the index corrected barely about 2 - 3 pc.
1. The mid caps which one can look are the mid caps which will become the large caps tomorrow. The real cream is in these stocks.
2. To quote an example. a food retailer which had listed in March corrected about 20 pc from the top before resuming its upward journey.
3. The sectors which will do well now are Capital goods, consumption driven themes, housing finance companies. private banks.
4. The markets may correct in June. In all this talk of rally, there is a good 400-500 point correction pending. So far all corrections are limited to 200 points.
5. The GST rollout in July 1st will be the next big thing. It should go through smoothly with niggling teething troubles.
6. Mid caps which are high growth, low debt should be the focus areas.
7. Pharma stocks represent a long term buying opportunity. Every dip is a buy.
When Nifty corrects. the mid cap correction will be magnified and that is the time to buy.
1. The mid caps which one can look are the mid caps which will become the large caps tomorrow. The real cream is in these stocks.
2. To quote an example. a food retailer which had listed in March corrected about 20 pc from the top before resuming its upward journey.
3. The sectors which will do well now are Capital goods, consumption driven themes, housing finance companies. private banks.
4. The markets may correct in June. In all this talk of rally, there is a good 400-500 point correction pending. So far all corrections are limited to 200 points.
5. The GST rollout in July 1st will be the next big thing. It should go through smoothly with niggling teething troubles.
6. Mid caps which are high growth, low debt should be the focus areas.
7. Pharma stocks represent a long term buying opportunity. Every dip is a buy.
When Nifty corrects. the mid cap correction will be magnified and that is the time to buy.
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