India-US Trade Bargain Not Nearly Enough to Propel Nifty to 30, 000: Professional
- Rajesh Palviya of Axis Securities believes an India-US trade offer alone won’t press the Great 50 to 30, 000
- Continual profits revival is the vital missing variable.
- Palviya expects range-bound trading with volatility till profits clearness emerges.
- He prefers funding goods, framework, protection, and power equipment fields.
- A gradual, earnings-driven market climb is most likely than a rapid one.
- He expects a revival in IPOs, especially in production and finance, however highlights self-displined prices.