According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to favorable interest rates and low valuations. PSU stocks are building a base after a correction, offering low-value picks. The metal sector anticipates a commodity cycle upturn driven by sustained demand.
Jefferies is bullish on Adani Ports and 5 other logistics sector stocks. How many do you have?
Jefferies has shared an optimistic forecast for six logistics stocks, highlighting anticipated price hikes. Among them, Adani Ports is projected to rise by 20% from