Sandip Sabharwal shares his bullish market view, sector picks, and investment strategy amid global cues and monsoon trends.

Raymond James Investment s Matt Orton suggests the US market s direction hinges on tariff policy shifts after a strong rally. Investors should brace for potential dips, especially if they missed earlier opportunities. While earnings justify market gains absent tariffs, the market has already factored in a baseline tariff, reacting to specific trade deal developments.

Even margins are high. So, for earnings to kind of move ahead from here on you require topline growth; translation, you require GDP growth rate and our GDP growth unfortunately today is less than 10%, the nominal GDP growth rate is less than 10% and that is really where the challenge has come in.

Nifty crossed the 25,000 mark five times in eight sessions but failed to sustain gains, closing above it only twice. Positive global cues, RBI’s record dividend, and rupee strength supported the rally, but technical resistance and lack of strong momentum raise doubts. Experts say a decisive breakout is needed for the index to advance toward 25,200.

European equities rallied Monday after Donald Trump dialled back on his threat to hit the European Union with 50 percent tariffs by delaying their implementation to July.

Japan s Nikkei share average extends gains to a second consecutive session on Monday as easing trade tensions between the United States and the European Union supported risk appetite.

Haitong expects strong growth to persist well beyond FY27, driven by opportunities especially in oil & gas, semiconductors, and steel. It also believes the company’s growth prospects, earnings visibility, and cash flow support a premium valuation.

Bitcoin hovered near $110,000 on Monday as easing geopolitical tensions and renewed institutional interest lifted crypto markets. The global crypto market cap rose 2% to $3.46 trillion, with Bitcoin up 2.1% and Ethereum gaining 3.6%. Analysts see resistance at $112,000, while altcoins like Avalanche, Cardano, and Dogecoin jumped up to 5%. Optimism around regulation, reduced supply, and corporate adoption supported the bullish momentum.

Rajesh Bhatia of ITI MF anticipates accelerated growth in life insurance. Regulatory concerns are easing. Companies are poised to capture market share from LIC. Valuations are attractive. Bhatia is less enthusiastic about general and health insurance. Global cost of capital poses a risk to PE multiples.