Business

Market outlook in 2022: How will the market move in the new year? Experts are relying on these stocks

Written by admin

Market outlook in 2022: How will the market move in the new year? Experts are relying on these stocks

Market outlook in 2022: Market experts believe that the market will be strong this year as well.

Market outlook in 2022: Last year, domestic benchmark indices crossed several important milestones and Sensex and Nifty strengthened by more than 20 per cent. Market experts are positive about this year also and they believe that the market will be strong this year as well. On the other hand, experts believe that there may be a short term correction this year but it should be seen as a buying opportunity.

Talking about Sensex, in the very first month (January) last year, it crossed the level of 48 thousand and then its pace did not stop and it crossed the level of 61 thousand in October. On the other hand, if we talk about Nifty 50, it crossed the 15 thousand level for the first time in February and also touched the record level of 18 thousand in October. Last year 2021 was a great year for both the domestic benchmark indices.

Year End 2021: These stocks climbed faster than Sensex and Nifty, investors’ capital increased by 2400 percent, check your portfolio from the list

This is the opinion of experts regarding the movement of the market this year

  • According to Piyush Nagda, head of investment products of brokerage firm Prabhudas Lilladher, this year 2022 will also be good for the market. However, due to inflation, the American Fed may raise the interest rate earlier than expected and in India also the pressure on the central bank RBI to increase rates, due to this, the market may remain under pressure in the short term. Apart from this, new purchases may be affected due to high valuations in some parts of the market, while some companies may give better results than expected, which may see selectively high institutional buying. Piyush Nagda believes that like last year, this year is also expected to be good for the market. However, short corrections will keep coming in this, so that instead of panic, investors can take advantage of improving the quality of their portfolio.
  • According to icicidirect.com, the domestic equity market is in the early stages of a multi-year bull market phase in line with the trends of the last three decades. In such a situation, according to ICICIDirect.com, the bull market ie bullish trend may continue for the next few years. A correction of up to 14 per cent during this cycle can be seen as a buying opportunity. According to analysts, this year Nifty can reach 21000. Talking about sector-wise, this year IT, real estate and auto stocks are expected to have a bullish trend.

Best 5 Stocks for 2022: You can bet on these 5 stocks for good earnings in the new year, experts expressed confidence of better returns

You can invest in these stocks

Nifty had reached a record high of 18600 last year in 2020 and closed at 17,354.05 with a correction of about 7 per cent on the last day of the year. According to icicidirect.com, in the current scenario, investors should consider investing in quality stocks such as HCL, Indian Hotels, SKF India, Jindal Stainless, Transport Corporation of India, Gabriel India, ABB India, United Spirits and Aditya Birla Fashion & Retail for the medium to long term. can.

Financial Express Telegram Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.


#Market #outlook #market #move #year #Experts #relying #stocks

About the author

admin

Leave a Comment