Market Outlook: Discussing the front outlook of the market Capitalmind Founder and CEO Deepak Shenoy Says that FII has been sold for global reasons. The purchase of domestic investors amidst the selling of FIIs has held the market door. Domestic Baing will continue further in mid and smallcap stocks. The market will have to walk with patience at the moment.
Good growth possible in capital market shares
Talking on the shares related to the capital market, he said that there is a hope of much growth in the coming 10 years in the coming 10 years in the coming 10 years. He said that financial products have still not expanded much. Further, good growth is possible in shares associated with the capital market. Financial infrastructure and defense are both long themes of India.
Medical tourism trend is also increasing
Talking on the healthcare space, he said that healthcare shares are showing good growth. The trend of medical tourism is also increasing. There is a requirement of 5 times beds in the country. It will also be advisable to keep shopping in this sector with a long -term attitude.
He further said that there is a good growth in the home improvement segment. However, it will see gradually growth.
Momentum in metal shares from trading perspective
Keeping his view on metal shares, he said that we are not focused on this sector. However, from the perspective of trading, positions can be taken in it. There is no possibility of much growth in metal. So we do not like this sector in the long term. But it can be seen in terms of trading. Similarly, this attitude remains in oil and gas stocks.
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