Sensex, Nifty start on cautious note as Fed mins signal further tightening
Analysts say that although the macroeconomic scenario is good, it is not so bullish as to warrant continuation of the rally, which has already run a bit ahead of fundamentals. “Investors should not chase low-grade smallcap stocks at this juncture. Stay invested in high-quality largecaps. Wait for the Q1 results for direction,” said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
