ETMarkets Smart Talk: Pharma and Infra – The Next Bull Market Leaders According to Mayuresh Joshi
In the world of stock trading, knowing when to dive in can be the difference between profit and loss. As we navigate through market corrections, Mayuresh Joshi, Head of Research at ETMarkets, emphasizes the importance of timing. He advocates for a cautious approach, suggesting that investors should wait for signs of stability before making any major moves. According to Joshi, one key indicator to look out for is the Follow-Through Day. This is a critical session where the Nifty Index gains 1.5% or more on higher trading volume compared to the previous day, indicating a confirmed uptrend.
Joshi highlights two sectors poised to lead the next bull market: pharmaceuticals and infrastructure. These sectors are emerging as strong contenders due to various factors, including government initiatives and increasing demand for healthcare services. As the market begins to show signs of recovery, these sectors are likely to attract considerable investor interest.
When investing during a market correction, it might be tempting to jump on bargains. However, Joshi advises a more measured approach. Instead of rushing in, he suggests closely monitoring market conditions to ensure they have stabilized. This strategy can help mitigate risks and enhance the chances of capitalizing on potential gains.
In conclusion, while the allure of buying stocks during a downturn is strong, it’s essential to wait for reliable indicators of recovery. Following Joshi’s insights on the pharmaceutical and infrastructure sectors could provide valuable guidance for investors looking to navigate the complexities of the market. Always remember to do thorough research and consider both current market trends and future potential when making investment choices.
For more insights, check out the full article on ETMarkets here.
