The market is a bit nervous about the possibility of a rate hike by the Fed next month. If global markets crack, then our markets will definitely follow suit. Deven Choksey More Quotes by Deven Choksey More Quotes From Deven Choksey At a high level, this entire excitement into the hospital care segment is largely after the government's plan ... corporate hospitals are likely to expand into rural areas. Deven Choksey company-news If earnings are going to be on the lower side then obviously traders will weigh heavy on the market, but there is also a complete absence of buying at least in the frontline stocks. Deven Choksey technology Fundamentally nothing has changed but FIIs are selling frontline stocks which is where you're seeing pressure on the markets. Deven Choksey technology Index heavyweights, particularly IT and pharma, are finding strong headwinds. Deven Choksey technology Selective companies, especially leaders in sectors, would show better results than others as the economy improves. Deven Choksey technology Market will remain rangebound till earnings season and Bihar elections get over. Deven Choksey technology Land connectivity plays a major role. Deven Choksey company-news Traders are wary of taking any fresh positions ahead of derivatives expiry and budget. Deven Choksey technology The direction of subsidy reduction is perfect but we need more to be done. Deven Choksey business Healthcare is recession proof. Deven Choksey company-news Global financial investors are staying away from commodities given the fall in prices. So, Coal India and ONGC will find it difficult to attract quality investors, in the case of IOC, it is mainly a domestic retailer and has a lot to do with the domestic economy. The fall in crude prices and government decision not to charge (an) oil subsidy will make it (IOC) a better choice in the current environment. Deven Choksey company-news BJP's performance in the two states is actually quite convincing. I think collateral sales due to global fears have somewhat weighed on the market today. Deven Choksey technology Value-buying by domestic investors is supporting the market on hopes the insurance bill and GST would go through during the winter session itself. Deven Choksey technology
