et_marketsabout 2 hours ago
NEUTRAL(90%)
hold
Indian markets at crossroads: Neeraj Dewan on sectors worth watching while the world waits for a deal
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Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
The pharma sector is seeing renewed interest with discussions around 'next multibaggers' and recent positive movements in stocks like Divi's Labs and Lupin, indicating potential for growth. Regulatory signals and product pipelines remain crucial for sustained performance.
Trading Insight
Maintain a bullish bias on select pharma stocks with strong product pipelines and positive regulatory outlooks, focusing on long-term accumulation.
Quick check: SUNPHARMA bullish bias (+2.7% 1d), CIPLA neutral (oversold).
Key Evidence
- •Indian equity markets are in a cautious holding pattern due to geopolitical uncertainty.
- •Neeraj Dewan suggests the worst volatility may be over.
- •Government's move to cushion Oil Marketing Companies (OMCs) is seen as a smart buffer against inflation.
- •Selective opportunities are identified in IT, pharma, and defence for patient investors.
- •Risk flag: USFDA/regulatory hurdles
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