scorecardresearchWorst may be behind us; IT, financials to participate in next leg of rally, says Roop Bhootra of Anand Rathi Shares

Worst may be behind us; IT, financials to participate in next leg of rally, says Roop Bhootra of Anand Rathi Shares

Updated: 01 Aug 2022, 11:07 AM IST
TL;DR.
  • Bhootra attributed the recent gains in the market to the last US Fed commentary which was less hawkish while the return of foreign investors to the Indian market is also supporting the market.
FILE PHOTO: Sensex, Nifty and BSE Smallcap indices jumped 9% each in July while the BSE Midcap index clocked a gain of 11%. REUTERS/Francis Mascarenhas/File Photo

FILE PHOTO: Sensex, Nifty and BSE Smallcap indices jumped 9% each in July while the BSE Midcap index clocked a gain of 11%. REUTERS/Francis Mascarenhas/File Photo