Deven Choksey of DRChoksey FinServ Pvt. Ltd. notes market volatility around expiry days and corporate result announcements, creating opportunities in fundamentally strong companies. He expresses confidence in FY25-26, citing lower input costs, interest rates, and improved business conditions. Choksey favors early-stage investments like Jio Financial, foreseeing significant growth in its AMC business and other sectors like power and pharmaceuticals.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may