Pharma and PSU banks emerge as safe havens as markets navigate volatility

March 10, 2026

Indian equities showed stability mid-session Tuesday, with the Nifty holding above key levels and Bank Nifty outperforming. Easing oil prices and declining volatility boosted investor sentiment, though global uncertainties persist. Analysts suggest a selective approach, favoring defensive sectors like pharma and PSU banks for potential opportunities.

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