Dhananjay Sinha, Director & Head-Institutional Research at Systematix Group expects more upside in the market over the medium-term.
Speaking to CNBC-TV18, Sinha said, “In the near term there might be certain amount of slowdown in the rally because we are nearing at the end of the year. The FII participation has been strong but can start slowing a bit. However, looking from medium-term standpoint, the rally is still intact.”
According to him, outperformance of banks, metals, real estate, cement and construction to continue.
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