The momentum which propelled the Nifty50 to reclaim Mount 31K, up 17 percent so far in the year 2017 could well slow down, but there will be plenty of stock specific action.
The index is languishing in a narrow range and most of the stocks have already corrected in double digits in the past 10 days. Hence, if there is a dip, analysts advise investors to pick up quality stocks which have a good fundamental story.
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
The index is languishing in a narrow range and most of the stocks have already corrected in double digits in the past 10 days. Hence, if there is a dip, analysts advise investors to pick up quality stocks which have a good fundamental story.
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
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