Ajay Vora from Nuvama Asset Management discusses how the Nifty aggregate EPS has been shifted to FY26. The stock market correction is driven by earnings downgrades and sees PSU sectors hit hard. Government capex and RBI’s actions are expected to provide some market relief. The banking sector, particularly HDFC Bank and SBI, appears stable and attractive for investment.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce
December 10, 2025