Stock focus: Havells, Hindustan Unilever; banks, IT to impact market today
Bull market or bear market?
The expectation of positive Q1FY19 GDP growth and the return of FIIs will continue to have a positive impact.
Stocks likely to be in limelight today?
Consumption-oriented stocks like Havells and HUL can continue its positivity.
Sectors likely to impact market today?
Banks as credit growth improves, IT as global business headwinds unwind and Metal led by better global prices.
Your mid-term view?
FIIs have just returned, post risk-off selling in the emerging market over the last three-four months.
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What drove markets on Monday?
Optimism led by earnings growth persuaded the foreign investors to come back to the Indian market after a decent gap.
By, Vinod Nair, head of research, Geojit Financial Services
Source: DNA Money