Brief by Shorts91 Newsdesk / 02:38pm on 22 Nov 2024,Friday Business
The Russia-Ukraine war continues to affect Indian markets, causing instability but not a crash. Analysts suggest focusing on fundamentally strong stocks despite the ongoing geopolitical tensions and significant Foreign Institutional Investor (FII) outflows. The Nifty 50 and Sensex have shown recent gains, but experts warn of directionless movements in the near future. With an 11% correction since September’s peak, some stocks remain strong, especially in banking, IT, and digital sectors. Experts advise caution and recommend buying select stocks like Castrol India and Taj GVK Hotels, considering the market’s long-term growth potential.
