Dhiraj Agarwal, MD of Ambit Investment Managers, notes potential for a near-term market bounce after months of decline, but warns of long-term challenges and moderate earnings growth. He emphasizes the importance of selective stock picking focused on valuations rather than sector or thematic strategies, highlighting recent disparities within banking and IT sectors.
Nifty surges 300 points as investor sentiment lifts markets. Will the rally last?
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies.
May 23, 2025