Mihir Vora from Trust MF suggests growth potential in mid and small-cap stocks. These segments include auto ancillaries and CDMO. Capital goods, construction, and pharmaceuticals may show promising results. Vora believes stock-picking opportunities exist even in a sideways market. He advises caution on increasing pharma exposure due to potential US tariff risks. However, he thinks dramatic tariff hikes are unlikely.
Negative Breakout: These 5 stocks cross below their 200 DMAs
In the Nifty200 pack, five stocks’ closing prices crossed below their 200-day moving averages (DMA) on October 23, according to technical scan data from StockEdge.