Sachin Shah highlights the preference for private sector banks due to their valuations and easing liquidity, along with a rebound in the rural market. He emphasizes the importance of identifying strong businesses with solid balance sheets and acknowledges the challenges posed by new tariffs on exports. Despite global inflationary pressures, domestic and export-oriented businesses with strong value propositions may thrive.
ESDS Software shares snap 3-day fall, hit 5% upper circuit. What should shareholders do?
Shares of ESDS Software Solutions snapped a three-day falling streak on Monday, hitting a 5% upper circuit at Rs 1,622. After surging 325% post-listing, market