Market Outlook: Market Guru Anil Singhvi predicts THIS in mid-cap stocks movement; check what he suggested investors

With the results season almost coming to an end, Zee Business Managing Editor Anil Singhvi in a special edition of Editor’s Take expects that the mid-cap shares rally will be paused by mid-June. 

Singhvi in his market outlook, points out three-point advice to the traders: 1) No space for short-term view, 2) Purchase wise and in less quantity, and 3) Traders/investors need to cut their expectations. 

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Not being confident about the rally mid-cap shares showed in the last two months, Singhvi said, the easy money-making time through the stock market has gone or it’s in process of ending. He added, there is still a week or two’s time, mid cap shares will continue to soar and investors still can mint money. 

The market guru mentioned, the mid-cap stocks will top out from the second week of June, and only companies specific action will continue. He added, these companies are not only growing due to results but also by their balance sheets, cash flows, which are aiding to reduce their debt. 

क्या जून में भी जारी रहेगी मिडकैप, स्मॉलकैप शेयरों में तेजी?

अनिल सिंघवी- अब आसानी से पैसा बनाने वाला समय गया... अब बस हफ्ता- 10 दिन की तेजी बाकी...

स्टॉक स्पेसिफिक एक्शन रहेगा जारी... अब लॉन्ग टर्म के लिहाज से करें निवेश

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— Zee Business (@ZeeBusiness) June 1, 2021

Mid cap promoters have understood that it’s better to make the balance sheet strong and reduce debt rather than going for wild expansions, Singhvi added. The companies have realised to make their fundamentals strong and the plan for the expansion. 

In the last two months, there was a trend if an index of certain sector stocks are buzzing, all the shares in the pack used to gain, however, this trend will go away and indices won’t have any impact on specific stock, the market guru said while explaining further. 

He added, “A time would come in a couple of days, wherein only stocks will buzz, they will surge in low speed, test your patience, easy money of buying today and selling tomorrow /next week will go away.” 

Singhvi urged investors to increase their view and horizon for the market, the rally would slow down but that doesn’t mean it will stop, just that its fast pace movement will be curtailed.