ETMarkets Investors' Guide: 3 sectors Mohit Nigam of Hem Securities is bullish on
Listen now
Description
Corporate earnings were strong; economic readings are painting an optimistic picture, with inflation easing, GDP growing at 13.5 per cent in Q1, and GST numbers staying above Rs 1.4 lakh crore-mark. Fears of recession in the developed world have also sent crude prices dropping, giving India some relief.
More Episodes
The 30-share Sensex ended 491 points higher at 58,411. Its broader peer, Nifty50, ended at 17,311, up 126 points.
Published 10/17/22
IT stocks have been among the worst sectoral performers on Dalal Street this year. The top 3 worst Nifty performers in 2022 are all IT stocks - Wipro, Tech Mahindra and HCL Tech.
Published 10/16/22