Market expert Nischal Maheshwari suggests investors should consider putting fresh money into the market, anticipating new highs potentially by Diwali. He highlights the potential of interest rate cuts and positive impacts of government initiatives and good monsoons on consumption. Maheshwari recommends focusing on BFSI, autos, and FMCG, particularly those catering to both urban and recovering rural consumption.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The