Indian stock markets are defying foreign investor caution, driven by resilient June-quarter earnings. Companies are navigating geopolitical and inflation challenges better than expected, with a focus shifting to corporate performance. Experts see potential for large-cap stocks to catch up as nominal GDP growth improves, while sectors like IT require stronger growth triggers. Auto ancillaries and pharma remain preferred investment avenues, though defence valuations demand caution amid a positive long-term outlook.
Nifty Outlook: Analysts pick key levels and stocks to watch
Nifty has experienced a decline for four straight weeks, breaking through the crucial 24,000 support level. Experts recommend adopting a market-neutral approach to capitalize on