So, today is not a great day, as we know that the market cannot hold profits, but even so, the undertones are bullish and buy them with dip.
Rohit Srivastava: Today is a good day to just sit down and wait for this fix to finish. But the view is that somewhere it’s a dip purchase. It’s likely that the overall trend is rising, so try dipping and taking the opportunity. We escaped from the busy zone, which was nearly three weeks below 25,100 last week. And the possibility that they did that is to continue to increase those profits in the month before July. The revenue season can load up fairly complex photos taking into account the types of numbers seen from advanced taxes or GST, but the momentum driven simply by liquidity is limited to 25,400 or worst case scenarios when we’re talking purely about indexes, as interest rate changes will undo it.
Yes, of course, the market by index doesn’t actually show good signs of contribution and positivity, but there are many actions on the side when you see news flows and stock-specific behaviors. What is the inventory specific approach for the day?
Rohit Srivastava: Well, there are sectors that are looking at performance, for example, metals, so that’s clearly manifested in terms of positive performance where we have to do more of what’s happening in the dollar. So it’s something that stands out and it helps as the dollar has fallen for most of the week. Second, keep focusing on interest rate sensitive areas as interest rate cycles decrease. There were two cuts and a potential pause, but in the end there are more cuts on the table. Therefore, rate sensitive is where actions that involve sectors such as automobiles, realty and other, continue to be built over time. It’s really focused part. But I think we’re also focusing on other segments that have done well over the past two years, including the power that’s been talked about less and less.
You mentioned your sector here, so I just wanted to understand if there was something specific in the car you want to emphasize. Looking at the mixed bag counts in total sales, what is on the radar and do you have a specific purchase call with either counter auto or automatic aid?
Rohit Srivastava: No, I can’t really recommend stocks.
Your views on sector and auto accompanies?
Rohit Srivastava: Yes, that’s what gave me a broad perspective on these sectors.
A specific take to see the number of sales of a car company.
Rohit Srivastava: So, like I said, these are short-term concerns. Ultimately, the interest rate cycle encourages purchases in this segment, and as the interest rate cycle continues to remain low, we will see future improvements in the next few quarters. Therefore, with a significant revision in the car index last year, the market may be discounting some of the short-term factors. So, that’s why I said this quarter could be very interesting in terms of outcomes, as many negatives could be discounted.
