Market Views: Market can do work in a limited range, focus in good growth shares – Market Views The Market May Work in a Limited Range Going Forward Focus on Stocks with Good Growth

The current boom of the market is how durable. Does the bad phase of the market seem to be over? And now which sectors can see more power? All these Dipan Mehta, director of Elixir Equites while discussing CNBC-Awaaz Said that the market can later show the sideways Momentum (limited scope). Investors are operating in this market. It would be recommended to invest in shares that show good growth. Do not expect much boom in the market at the moment.

In this conversation, he further said that the way defense, capital market share are seen trading in the market. Comfort is not seen in them because their valuations have become very expensive. Shares of wealth management companies 360 forests, Anandrathi, Nuwama Like shares can be invested.

Invest in select FMCG shares

Talking on the FMCG sector, he said that overall attitude on this sector has not become positive. However, there is some sellers FMCG stock where there is selectoral growth. If there is a valuation regional, investors can invest, but there is MNC -FMCG share, there is secular growth. Due to which their growth is limited. However, shares like Varun Brewries, GM Brewries can be invested.

Symphony in white goods segment Like

Value comfort is also not seen in the White Goods segment in the consumer durable space. Havells, whirlpool Like share valuedowns are seen. Although in this segment Cinnamon The share of the share looks better. The valuations of this share look better. Stock’s PE is much better. If you invest in this stock in the long term, then good returns will be seen.

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