Mayuresh Joshi, Head Equity at Marketsmith India, mentions the impact of the dollar index drop and potential safeguard duties on the Nifty metal index. He highlights challenges like Chinese steel dumping and Trump tariffs affecting demand. He emphasizes a cautious approach to mid and small-cap stocks, suggesting selective investments for stable earnings growth.
Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava
Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting.