Ahead of the Union Budget 2025, two prominent market experts, Gautam Shah of Goldilocks Premium Research and Kush Bohra, founder of KushBohra.com, have shared their insights on stock picks and market strategy, offering optimism and caution for investors.
Gautam Shah: Quality! Quality! Quality!
Shah reinforced the need for investors to focus on quality stocks and sectors poised for a rebound. According to him, the past four months have seen broad-based corrections, creating opportunities in sectors like financial services, auto, real estate, and FMCG.
Shah believes domestic money waiting on the sidelines will enter the market once stability returns, and top-quality stocks will outperform. He recommends sticking to the top 300 stocks, including the Nifty 50, Next 50, Midcap 100, and Smallcap 100 indices, stating, “There is no way you can lose money from those stocks.”
Shah is particularly bullish on quality midcaps and small caps, which he considers to be presenting the best opportunities after recent corrections. He also forecasts a 35-40% upside in gold and silver, expecting these asset classes to outperform equities.
His advice to investors is clear: “Stay with top quality stocks”.
Kush Bohra's Budget Picks
Bohra remains optimistic about the market's long-term prospects, calling recent corrections a healthy pause in the ongoing bull run. “This is a blip in the long-term bull run,” he said, adding that staying invested is key to capturing future gains.
Here are his top sectoral picks likely to benefit from the upcoming budget:
Agriculture and Fertilisers: Anticipates budgetary support to boost these sectors.
Housing Finance: Expects budget boost.
Auto: Sees potential for growth, especially with a focus on green energy and EVs.
Railways and Defence: Believes these sectors remain in focus but urges caution, as much of the price action has already played out. He highlighted Bharat Electronics Ltd. in defence and Jupiter Wagons Ltd. and Texmaco Rail Engineering Ltd. in railways as stocks to watch.
Bohra also pointed to heavyweights like Reliance Industries Ltd. and HDFC Ltd. as strong, defensive picks due to their proximity to support zones, regardless of the budget's impact.
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