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3 sectors Hemang Jani is bullish on for near term

Updated at : 2024-10-09 11:35:02

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So, our preferred picks within the sector are Lodha, which has corrected almost about 12-15% from the top and Godrej Property, which has done exceedingly well and has not corrected much but I think the overall fundamentals, the data points continue to remain positive.

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Over the past year, Nifty50 has delivered a robust 30% return, and mid- and small-cap indices have materially outperformed the large-cap during the same period. This strong performance was on the back of a domestic growth story, good visibility of earnings growth, a stable macro-environment, and resilient flows.

Gold and silver futures contracts opened with slight changes on MCX today as traders booked profits. The market is reacting to potential de-escalation in the Middle East and anticipated U.S. inflation data. Gold December futures are slightly down, while silver December futures are up. Market volatility is expected to continue due to these factors.

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