3 top stock recommendations from Rajesh Palviya for next week

“The sectors where we were seeing underperformance in the last couple of years are sectors like paper, fertiliser, even sugar and other sectors, now they have started participating in this rally,” says Rajesh Palviya, Axis Securities.

Nifty hitting record highs for three straight sessions, Nifty Bank above 50,000, midcap, smallcap have also been hitting record highs, you have sectors also hitting record highs. Nonetheless, Nifty has been trading slightly range bound. So, what do you have to make of this anomaly that we are seeing in the market and what is the view going ahead into next week?

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Offering CollegeCourseWebsiteIndian School of BusinessISB Chief Technology OfficerVisitIndian School of BusinessISB Chief Digital OfficerVisitIIM LucknowChief Operations Officer ProgrammeVisit The Nifty restricted its gain less than 1% week on week, but the way the market behaved during the week, there was very strong buying action across the board in so many sectors. So, that clearly gives us confidence that there is a lot of confidence on the street and retailers and participants are aggressively buying in the market.