Anshul Saigal of Saigal Capital suggests that while early monsoons generally benefit India, fundamentals drive the market beyond short-term weather impacts. He favors broader market opportunities over expensive, unprofitable stocks like Zomato. Saigal is positive on the CDMO space due to potential gains from the China plus one strategy, while being cautious on generic pharma exports to the US.
Oversold signals emerge amid market slide; technical charts hint at possible relief rally
Indian equity markets are experiencing significant volatility after three days of selling. Technical indicators suggest a potential short-term rebound due to extreme oversold conditions, with
March 5, 2026