If the Sensex fell by 7.5 percent or more than 4400 points this year, then the Nifty has also broken by 7.5 percent. Negative global factors have had an impact on the Indian markets.
Stock Market Outlook: There has been selling pressure in the stock market since the beginning of this year. Negative global factors have had an impact on the Indian markets. If the Sensex fell by 7.5 percent or more than 4400 points this year, then the Nifty has also broken by 7.5 percent. Midcap and smallcap indices have weakened by 13 per cent and 15.5 per cent. Even if the market is trying to rise in the middle, it is not able to survive at the upper levels. Volatility index is high. Investors are also losing money in stocks with strong fundamentals. In such a situation, confusion among investors is also increasing. When the market will slow down, when will it recover, what should investors do, we have discussed all these issues. Sunit Nyati, Managing Director, Swastika Investmart Ltd Spoke to.
There is no fear of further fall in the market
Sunit Nyati says that a lot of correction has already come in the stock market. Global factors are more responsible for the big fall in the market. At present, a strong base is visible for Nifty at 15000 level. The market should stop at this level. No further decline is visible from here. It is expected that from this level once again buying will return in the market. Factors like crude and geopolitical tension are now running by discounting the market.
IPOs are coming one after the other in a turbulent market, are investors getting stuck in trouble?
DIIs are taking over the market
He says that FIIs have sold most of the time this year. But the confidence of domestic investors about the Indian market remains. DIIs are constantly pouring money into the market. Retail investors have better participation. If you see, the performance of the Indian market is better than other markets. Retail investors are positive with this.
There is a good manufacturing environment in India. The government is reforming. New schemes are coming for MSMEs. There are also good reports on the economic growth outlook front.
What is the effect of rate hike on growth
Sunil Nyati says that the US Fed has recently increased interest rates. RBI has also increased the rates. There has been a lot of pressure on the market for rate hike cycles. It will have some effect on growth. But now slowly this thing is getting discounted by the market. Now the market is waiting for any positive sentiment. After which foreign investors will also return to the domestic market.
Investment opportunities always in the market
Sunil Nyati says that there are always investment opportunities in the market. After the current fall, once again the valuation of the market has improved. Many stocks are also at attractive valuations. This is the time to add stocks with strong fundamentals and attractive valuations to the portfolio. The long term outlook of the domestic market is looking better. In such a situation, good stocks available at cheap prices will give good returns in the long term. However, there is one more thing that investors should take a decision after looking at their risk profile. At the same time, advice should be taken from an advisor before investing.
Which sector to focus on
He says that infra and other sectors related to this sector are looking good. The focus of the government is on the infra sector and the expenditure on it is increasing continuously. The housing sector related to this is also looking better. Apart from this, you can keep an eye on the rural, capital goods and financial sectors.
Strategy on newly listed stocks
Sunil Nyati says that before investing money in IPO, definitely take information about their fundamentals, financials, track record of growth, management and promoters, valuation of IPO, business model and future outlook etc. If everything is positive on these factors, then by looking at your risk profile, you can invest money for the long term.