The Nifty has fallen more than 2% so far this month amid rising geopolitical tensions in the Middle East and continued FII outflows. The impact is more pronounced for India as crude oil prices have climbed, with the country importing nearly 90% of its oil needs. Despite the volatile backdrop, InCred Equities has identified 11 stocks that it believes could perform well in the coming quarters. Here’s the full list.
Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here’s why
Metal stocks tumbled up to 5% on Monday, with the Nifty Metal index falling over 2% amid a decline in metal prices and rising expectations