“These are great times for investors who have weathered the correction which took place over the past few months and now the next few weeks and months look quite interesting,” he added. “I see a lot of reversion to mean and maybe the indices can cross the previous highs.”
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.