The gross domestic product dropping to 5.4%, inflation moving above 6% in October, the Trump administration’s policies and a stronger dollar are the reasons why the brokerage is cautiously optimistic. The firm prefers BFSI, IT, realty, and pharma & healthcare sectors and advised investors to moderate return expectations.
Angel One shares rally over 4% after reporting Q3 updates
Angel One shares surged 4.5% after reporting an 11.3% YoY increase in Average Daily Turnover (ADTO) to Rs 40.05 lakh crore for Q3 FY25. The