ETMarkets Smart Talk: Diwali Investment Strategy: Siddarth Bhamre’s bullish sectors and top stock picks for 2024
“The next one year will be a stock pickers market and we may see a lot of sector rotation as well,” says Siddarth Bhamre, Head of Research, Asit C Mehta Investment Interrmediates Ltd.
In an interview with ETMarkets, Bhamre said: “Selected stocks in sectors like Paint, IT, FMCG and Banking may be added to the portfolio for Smavat 2081” Edited excerpts:
Thanks for taking the time out. It is turning out to be a volatile October but it looks like Nifty has good support around 24500-25000 levels. What is your take on markets?
After March 2020, which was a Covid fall, October 2024 has so far turned out to be the worst month for the market in terms of percentage fall.
It’s important for markets to hold on to the levels which were seen…
