Will Nifty hit 19,000 or 16,000 first? Here’s how navigate current market conundrum
“There is a big theme emerging for the next few quarters- compression in input prices. As per the latest India PMI release, “input cost pressure retreated to one year low in August-2022”. If this trend is to continue, which we expect, there will be an opportunity in sectors which use commodities as inputs. Therefore, we are looking for opportunity in cement, tiles, and other capital goods.”
