et_marketsabout 3 hours ago
BEARISH(90%)
sell
This is worse than last year's crisis; here's why I'm still building positions: Deepak Shenoy
Read original source+18.1
Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
The pharma sector is experiencing positive momentum, with several stocks showing upward trends. HDFC Securities also views the sector favorably, suggesting potential for continued growth.
Trading Insight
Look for opportunities in fundamentally strong pharma stocks with positive regulatory outlooks and robust product pipelines, but maintain strict stop-losses.
Quick check: SUNPHARMA bearish bias (-1.3% 1d), CIPLA bearish bias (oversold).
Key Evidence
- •Indian markets face a downturn with a weakening rupee and global energy shifts.
- •Deepak Shenoy advises against panic and stresses a clear investment process.
- •He holds cash, waiting for his models to signal opportunities.
- •Shenoy suggests gradual IT sector investment.
- •He emphasizes diversification as the only honest strategy in uncertain times.
People in this Story
D
Sectors:Information Technology
AI-powered analysis by
Anadi Algo News