Markets are experiencing an unusual fall without any major crisis, driven by a slowdown in corporate earnings and exaggerated reactions. Despite negative sentiment, some positive indicators like GST collection and improved earnings suggest potential for recovery, especially in the discretionary consumption and capex sectors.
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