Gautam Shah views the recent market fall as a buying opportunity. He advises focusing on largecaps and quality midcaps and smallcaps. He predicts the best returns in the next year from metals, IT, and pharma sectors. Shah believes the long-term market uptrend is intact, dismissing the idea of a major trend reversal.
Dalal Street Week Ahead: Nifty enters consolidation phase; breakout above 26,100 key for next market move
The Nifty ended the week mildly lower, extending its sideways consolidation within the 25,700–26,100 band amid falling volatility. With no clear breakout and the India