Top Investor Vijay Kedia: Market Concerns Are Not Universal, Only In Certain Pockets

Business Today TV's Shailendra Bhatnagar, at the Budget Round Table 2024, speaks with Vijay Kedia, MD of Kedia Securities, asking about the budget's impact on the stock market and whether the market will continue to boom post-budget. Vijay Kedia explains that concerns will be limited to specific pockets of the market rather than the overall market. He notes that investors are primarily worried about over-sold and over-bought positions, with concerns focused on future options rather than everywhere. Vijay Kedia also points out that even PSU stocks cannot be categorized uniformly, as different price-to-earnings (PE) factors favour different stocks. The same applies to defence sector stocks, which are influenced by varied PE factors. Watch this excerpt.