Stock market: The India-Pakistan ceasefire has received a strong salute of the market. The Nifty has gained the biggest intraday of 4 years. Midcap and smallcap also saw a strong jump. In today’s boom, investors have earned 15 lakh crores. At the same time, the Fear Index India Vix slipped about 15 percent. The trade deal between the US and China has been agreed. At present, the US has reduced the tariff from 145 per cent to 30 per cent for 90 days. At the same time, China has also reduced the tariff to 10 percent. There is a stormy boom in the metal and IT sector from the trade deal. These index have run 5-6 percent. SAIL and Hindustan Copper have run more than 8 percent in metal.
In this case, the market giants MK Ventures founder Madhu Banana Done CNBC-Awaaz In a special conversation with, the market can perform better than the current level. He further said that Operation Sindoor shows that India has really stood up. The way our political and military leadership dealt with this crisis is worth proud. Our government has given a very strong message to the whole world through this operation that India has now become strong for its interests.
Talking on the market, Madhu further said that the market has been settled in the correction since January. Now there is no possibility of any major decline from here. Now all things are coming in India’s favor. Under the Operation Sindoor, India has also done well for its defense capability. This is also a big thing according to its own. Crude oil has come to $ 62-63. The dollar index has also fallen significantly. There has also been a lot of good news on China and America trade deal. RBI has put a lot of cash in the system. Interest rates have also been cut in India. The measures taken to increase consumption in the budget should also be seen. The market is only concerned about private capes at this time. It is expected that now it should also be seen as revival.
Madhu further said that the market is expected to rise from here. But we should not invest all our own at once. Apart from this, people have made a lot of money in the last 4 years after Kovid. But we must remember that not all the returns are possible. The market is quite good at this time. After a lot of share decline, they are seen at good prices. In such a situation, bet on good shares in the market in any decline.
US-China Trade Deal: Agree on trade deal between US and China, strong boom in IT and metal heads
Talking on the IT sector, Madhukela said that there is a need to monitor select shares in IT. Specialized IT companies should be focused in IT. Apart from this, there should be focus on such IT companies which are likely to benefit from AI.
Talking on the pharma sector, Madhu Banana said that India’s generic forma companies are unlikely to suffer a lot due to the announcement of Trump’s decrease in the price of medicines. In contrast, CDMO Pharma companies can only benefit.