Pankaj Pandey, Head of Research, emphasizes selective stock recommendations due to high anxiety levels in the market. He forecasts growth for Newgen Software and positive performance for Narayana Hrudayalaya. Pandey comments on the fluctuating market mood influenced by events like elections and advises cautious optimism as investors navigate the economic landscape.
Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectory
Investors await crucial inflation data next week which may decide the Fed’s interest rate move. The S&P 500 index is nearing its record high while