The Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The NSE Nifty 50 plummeted by 1.56%, marking its lowest close for the fiscal year. The BSE Sensex also dipped by 1.48%, leading to significant market capitalization losses.
Market veterans favour value plays over crowded, expensive themes
Market experts project cautious optimism for Indian equities as valuations become less demanding and earnings growth aligns. Large-cap stocks appear more favorable compared to mid-