Looking at neglected sectors elsewhere in rather than investing in PSUs: KR Senthilnathan
April 1st, 2024 17:27
KR Senthilnathan from NAFA Asset Managers explores investment opportunities in undervalued sectors like PSUs and the ICE segment in auto. He emphasizes the importance of sector rotation, stock selection, and the potential for long-term returns. He further says: "Other than private banks, even other sectors also offer opportunities. There are certain stocks which are available at a 20-30% discount from the peak levels and a slight change in the earnings can surprise us."
Share Market Highlights 01 April 2024: Sensex gains 363 pts, Nifty closes at 22,462
April 1st, 2024 17:27
Sensex, Nifty updates on 01 April 2024: Stock markets started the new fiscal on a firm note on Monday with benchmark Sensex and Nifty scaling fresh record high levels in intra-day trade before settling in the green, backed by firm trends in Asian markets and foreign fund inflows. Extending its winning momentum to the third day in a row, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record intra-day high of 74,254.62.
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