Happy Diwali to you all.
Market has ended at a high point and its a very welcome thing for the investors.
Where we go from here is a valid wuestion at this stage. I would like to mention here that the bigger comaonies have stolen the show, this is at cost of smaller companies and at cost of PSUs. In my openion PSUs should be preferred investment atbthis ooint because there is minimal risk and possibility of reasonable return. Most PSUs in Nifty and Nifty Next have done reasonably well i QII while stockbprices are not reflecting the same hence go for them. The banking and financial sticks should be reduced investment in. Those stocks that have PEs at higher then 65 should be shunned as their carrying cost will be high and their performance won’t be that much so whike the stocks may still rise butbinvestor will be at disadvantage.
Metal and sugarvstocks may be boughtbin moderation.
I hope that you have been keepingv track of post result observations on this blog.
For reference Sensex closed at 43637, Nifty at 12780.
Wishing you all best.
Let me remind you taht you may get in touch if yiubhave any specific queries.