“Nifty may see a further dip towards 16,800 levels and Sensex to 56,000 levels in the current scenario. Investors may consider this fall as an opportunity to pick value stocks from auto, FMGC, IT, banking and power sectors. Investors should divide their investment into three parts starting from current levels till lower levels of Nifty.”
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.