Indian equities have staged a sharp recovery, with Nifty up 9% this month, surprising bears who anticipated a deeper dip. Despite geopolitical tensions, market sentiment has shifted to a ‘buy-on-dips’ approach, with experts suggesting the market is near a bottom. Analysts advise staggered buying as near-term direction depends on Middle East de-escalation, crude oil prices, and foreign flows.
Thangamayil Jewellery shares crash 32% in a week. What should investors do?
Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sales during the first