Market breadth has turned positive, with 73% of Nifty 50 stocks trading above their 50 EMA. This indicates expanding participation in the ongoing rally. Technical indicators suggest a strong upward trend for Nifty and Bank Nifty. Analysts recommend a buy-on-dips strategy for Nifty as long as it holds above 26,000. Bank Nifty is expected to move towards 61,500.
ETMarkets PMS Talk | We stayed fully invested through elections, tariffs and war fears — and outperformed: Manish Gupta & Viraj Mahadevia of MoneyGrow PMS
MoneyGrow PMS has navigated market volatility by focusing on businesses with consistent earnings growth. The fund house identifies opportunities in financials, manufacturing, and capital markets.