“We will probably hit record high before Diwali but the short term is very difficult to predict. In the near term, we might see a small correction before going up again,” says market expert Abhishek Basumallick, who runs equity research firm Intelsense.
Can defence and real estate continue to be flavour of the market? Rajat Sharma answers
Rajat Sharma of Sana Securities advises caution on defence and real estate due to high valuations, despite positive market sentiment. He expresses concerns about real