Correction an opportunity to add cyclicals: MOFSL


    Mumbai, April 17 | Market correction due to Covid resurgence is an opportunity to add cyclical stocks said Motilal Oswal Financial Services.

    In a report, MOFSL said resurgence in second wave of Covid-19 has led to elevated market volatility and correction.

    Lately, both Nifty and Bank Nifty are down 5 and 15 per cent from their recent highs, respectively.

    “To contain the pandemic, several states have announced localised restrictions with Maharashtra yesterday unveiling set of broad-based measures for two weeks mini-lockdown,”

    “We expect the set of restrictive measures to impact near-term economic recovery till cases stabilise. However, key government authorities and policymakers have ruled out national lockdown.”

    Consequently, MOFSL recommend that correction should be viewed by the investors as a buying opportunity and advocated adding a balanced mix of growth, cyclicals and defensive stocks in their portfolios.

    “We continue to be ‘OW’ on the BFSI, IT, Metals, Cement and Capital Goods, Neutral on Consumer, Auto and Pharma while staying ‘UW’ on Energy, Utility and Infrastructure.”

    On the bright side, it said that vaccinations are gradually beginning to accelerate.

    “As vaccination pick up further with approvals for more vaccines now in place, we expect the focus to shift back to growth, cyclical recovery and fundamentals.”

    Source: IANS

    Next Story

    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    “Work and you’ll get what you need; work harder and you’ll get what you want”.

    The above-mentioned quote speaks volumes about the courage of those who have made substantial breakthroughs in their life with hardwork and dedication.

    One such committed individual who is preparing several notable names with their social media reach is Durgesh Dhaker. An agile and someone who keeps himself upbeat with the happenings in the country, Durgesh has acquired expertise in carving the social media strategies for various stalwarts. He is also the founder of Aapno Rajasthan

    facebook page with more than 1 million likes which he gain within very short time with his expertise.

    Coming from the beautiful city of Chittorgarh in the land of Rajasthan, Durgesh Dhaker is making his parents and fellows pride of his strides and success acquired through hustling with perseverance. His social media expertise enables him to give his top tips for growing one’s social media presence, it is as below-

    1-Create a network

    Social media comprises of a huge number of people who need to build their reach, subsequently, it turns into a fiercely cutthroat spot where every individual is attempting to draw in mass consideration, thus it is basic that we upgrade our activities to pick a specialty which suits our inclinations, it ought to be something that you are prepared to deal with for quite a while of your life.

    Zero in on making an intuitive substance that can be discovered when somebody looks for it, the most ideal approach to do is to is utilize significant hashtags on Facebook, Twitter, etc.

    2-Create steady, quality posts that are relatable

    Today, the web has enough data however we can help our supporters discover quality data that isn’t excess by posting relatable substance according to our niche, recall, forthright, valuable, and quality substance is as yet restricted on the web, consequently assuming you give individuals what they are searching for reliably, gradually and slowly, you will see considerable development in individuals who follow you.

    3-Social media showcasing/connecting websites

    Social media marketing is perhaps the most ideal approach to get ideal reach online, to see speedy outcomes, posting cool videos, and opinion on the latest happenings are some methods which can be deployed. If one has a website on their name or related to their field of work then those can be attached on social media profiles to promote them better.

    In a nutshell, we can conclude that, according to Durgesh Dhaker, the top way to grow your social media presence is by being relevant and consistent with the content that is suited to the tastes of your target audience, linking several web pages and blogs to boost traffic and last but not the least correct marketing of your content that can lead to conversions.


    Please enter your comment!
    Please enter your name here