Market Pulse - 05Oct23 -Likely to perform a rebound move

Sector focus: With Wall Street turning more positively overnight, we believe the buying support may spillover to our local exchange, specifically within the Technology sector. However, the Energy sector will be under pressure amid a plunge in Brent oil prices. Nevertheless, traders should focus on domestic driven catalysts in the near term from the NETR, NIMP as well as the upcoming Budget 2024. We opine that the trading activities may emerge within the Construction, Building Materials and Property sectors. 

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