Market expert Nischal Maheshwari suggests investors should consider putting fresh money into the market, anticipating new highs potentially by Diwali. He highlights the potential of interest rate cuts and positive impacts of government initiatives and good monsoons on consumption. Maheshwari recommends focusing on BFSI, autos, and FMCG, particularly those catering to both urban and recovering rural consumption.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise