“Traders are nonetheless unsure, particularly with FII promoting and promoter exits in block offers. The market is ready for a set off to interrupt previous highs or fall sharply,” Mehta mentioned. “We might see a 6-7% rally or a correction, relying on information move.”
On midcaps, Mehta is constructive. “Alpha is coming from midcap shares. Traders ought to give attention to differentiated companies or progressive concepts. Within the Nifty 50, solely 10-12 shares supply double-digit development, so midcaps are key for greater returns.”
Discussing IT, Mehta famous, “Regardless of robust tech tendencies, AI hasn’t boosted IT companies but. A buying and selling rally of 8-10% is feasible, however long-term prospects stay unsure.”
On defence shares, he mentioned, “The sector is well-discovered and fairly valued. If traders aren’t uncovered, corrections are an opportunity to purchase. In any other case, most defence shares are a maintain.”
Highlighting sector-specific alternatives, Mehta added, “Throughout sectors, search for corporations with progressive enterprise fashions—like CarTrade in autos, Medi Help or PolicyBazaar in insurance coverage, and area of interest gamers in journey and development. These might outperform conventional corporations.”
