ADVERTISEMENT

BQ Edge: Why Definedge’s Abhijit Phatak Expects Nifty To Rally Further

The research analyst at Definedge Solutions expects metals sector, select financials and IT firms to rally in the near term.

A bronze bull statue stands at the entrance of the BSE building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
A bronze bull statue stands at the entrance of the BSE building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Definedge Solutions' Abhijit Phatak remains optimistic about a further rally in the Nifty, with the upside breakout “still having some legs”.Phatak, while speaking about near-term technical and derivative trends for stock markets with BloombergQuint, said he expects sectors like metals, including companies like Tata Steel Ltd., select financial stocks such as HDFC Ltd. and information technology firms to sustain the rally in the near...
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More