Alok Ranjan of ITI Mutual Fund shares his market outlook. He anticipates the consumer sector to perform well. Banking and financial services are also areas of interest. Ranjan notes potential in the cement and automobile sectors. He suggests a bottoms-up approach to the market. Healthcare, particularly hospitals, remains a favored sector.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The