Gautam Shah, Founder, Goldilocks Premium Research, says after a period of significant gains in gold, which he successfully ...

Gautam Shah of Goldilocks believes that banks and FMCG stocks could move this leg of the market. Even though IT may not lag behind, he feels headwinds will cap the upside here.

Gautam Shah also warns that the Nifty may retest its recent low of 23,300, with a potential further downside of 5%. However, for long-term investors, the picture remains bright.