Deven Choksey of DRChoksey FinServ Pvt. Ltd. suggests a positive outlook for banking stocks, driven by falling interest rates and potential public sector bank consolidation. He favors engineering and R&D-focused IT companies like LTTS and Tata Elxsi, citing strong order inflows and profit margin growth.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,