Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

Traders should not to trade aggressively now and rather continue with a stock-centric approach

Nifty Outlook 

After an extended weekend post the Diwali festival, markets started off higher and clocked a fresh record high of 12,963 during the week. Since there was no major follow-up buying seen in major heavyweight constituents, Nifty was unable to show the 13,000-mark on the screen. In fact, some profit-booking was witnessed in the last couple of sessions to eventually conclude the week with nominal gains. 

In the previous couple of weeks, markets have already taken a giant leap and mostly all the major positive factors are already priced in; markets had no fresh trigger to continue the similar kind of