Budget Day triggers significant market volatility, with the Nifty often fluctuating within a 2-3% range. Experts suggest focusing on key technical levels, proper risk management, and suitable strategies like Short Iron Fly and Short Iron Condor. Traders are advised to monitor sectors like railways, defense, and infrastructure for profitable opportunities, while employing confirmation-based trades.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to