Market expert Nischal Maheshwari believes current market volatility offers a chance for long-term investors. He advises accumulating stocks gradually, seeing declines as buying opportunities. Banking stocks, especially private lenders, are highlighted for their attractive valuations. While IT offers a short-term trading gain, investors should avoid high-valuation stocks. A disciplined approach is key for navigating the uncertain market ahead.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of