The Indian market closed in the red for the second consecutive day in a row on Monday tracking mixed global cues. The S&P BSE Sensex fell more than 350 points while the Nifty50 closed above 22,100 levels.
Radhika Gupta of Edelweiss MF highlights the re-rating of India’s stock market, particularly noting the potential in consumption stocks despite their higher PE multiples. She
Now, once the dip gets bought into, we feel the turnaround could take us to 24,000, 24,200 over the next 8 to 10 trading sessions
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