Gautam Shah: Banks To Lead Markets, Metals Sector To Surge 20% In 2024 | Talking Point

Gautam Shah, Founder of Goldilocks Premium Research, expects banks to lead market growth in the next 3-6 months, with positive sentiment and strong charts. He forecasts a range-bound market, with Nifty facing a hurdle around 24,500, while Bank Nifty could hit new highs, approaching 55,000. Shah sees HDFC Bank moving above 2,200 in the next six months and remains bullish on SBI. He predicts a 20% surge in the metals sector, calling it a "dark horse," with gold, silver, and real estate also poised for growth.

#sbi #hdfcbank #stockmarket
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[FUNWITHARNAV]

Gautam brings great insights ahead of time...Kudos 🎉

[financewithyrk]

The only flaw with going with grade A is that you're ignoring the great valuations some of the Grade B, C and D stocks are trading at. A bad company at a great valuation is always better than a great company at a bad valuation.

[gauravrace]

FD booking has reduced drastically, people are moving money to share market. I dont know what basis bank can be outperformers ?

[rajeevjain]

I told you yesterday that RBI will cut policy rate, CRR and SLR so that Rupee falls against the US dollar. FIIs will bring in fresh money for investment only when they get a gainful exchange rate.

[manishmandal-]

You mean is ek mahina mein 20% surge ho jayega? How much you have invested?