Founder thoughts — 18 May 2026

Today, the stock market has shown a definitive shift in momentum with the metals sector leading the way, followed closely by the automotive industry. These sectors have been resilient in the face of broader market uncertainties, while IT and banking stocks lag behind, suggesting a mixed sentiment. The power sector is also on the rise, reflecting the ongoing demand for renewable energy and infrastructure development in India.

Looking ahead, there are indicators that public sector banks may reclaim leadership in the coming sessions, followed by continued strength in autos. This could signal a potential rotation of investments and a shift towards sectors perceived as more stable or undervalued.

For retail investors, it’s essential to stay vigilant and consider sector dynamics when making investment decisions. While Nifty could technically push towards 24000, corrections are also on the horizon—potentially dipping to 23700 before a rally towards 24800 by early April. It would be prudent to focus on stocks within outperforming sectors and maintain a watchful eye on any shifts in market sentiment. Strategic entry points in the form of dips could yield favorable returns, especially in the potentially rebounding banking and automobile sectors. Always be prepared to adjust your portfolio based on macroeconomic signals and sector performance.