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Markets in ‘fear phase’, deploy money in autos, banks, capital goods: AlfAccurate’s Rajesh Kothari
The sharp correction in Indian equities triggered by fears of a prolonged war in West Asia should be viewed as a buying opportunity, according to Rajesh Kothari, Managing Director at AlfAccurate Advisors.Benchmark indices declined nearly 3% this week — their steepest weekly fall in over a year — as rising crude oil prices and geopolitical tensions rattled investor sentiment. Financial stocks led the decline, with the Nifty Bank logging its biggest weekly drop in 14 months.However, Kothari believes the selloff reflects sentiment rather than a deterioration in underlying economic fundamentals.“We are currently in a fearful phase of the market. When others are fearful, that’s usually the time to be greedy,” Kothari told CNBC-TV18, advising investors to deploy money gradually over the next 30–60 days rather than attempting to time the market.He emphasised that the outcome of the West Asia conflict is less important for markets than its duration. While companies with exposure to the Middle East could face short-term uncertainty, the broader domestic growth story remains intact.Against this backdrop, Kothari highlighted four sectors that investors should focus on.Autos remain a key bet, supported by strong demand trends and low inventory levels across the industry. February sales data was robust, and leading automakers have reported healthy growth, signalling sustained momentum.Banking and financials are another preferred sector. Credit growth has improved to around 13% from about 8.5% earlier, while asset quality remains strong. According to Kothari, the sector could become a “strong buy on declines” if crude-driven inflation concerns ease.He also sees opportunities in capital goods, particularly companies reporting strong order inflows as India’s investment cycle picks up.Lastly, hospitals stand out as a defensive play. The sector remains largely insulated from geopolitical risks and technological disruptions such as artificial intelligence.“These are strong India stori
The two defence stocks this portfolio manager likes
Conrad Saldanha, MD & Portfolio Manager of Neuberger Berman, says market uncertainty due to Middle East tensions has created selective long-term opportunities. He sees attractive valuations emerging in global IT services after a sharp correction, while tech fundamentals remain strong. In India, he is selectively adding large caps like Reliance Industries and Bharti Airtel and likes IT midcaps such as Coforge and Persistent Systems as well as defence play Data Patterns, on weakness. Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
80% of Indian stocks are in bear market. Is it time to be greedy or fearful?
Nearly 80% of Indian stocks are deep in bear market territory, hidden beneath modest index declines. Small and midcap companies have faced prolonged selling, but fundamentals remain strong. Analysts suggest that, despite geopolitical risks and oil shocks, selective bottom-up stock picking could offer attractive opportunities for long-term investors willing to endure temporary volatility.
Market View | 8–10% correction likely from here, says Ambit’s Dhiraj Agarwal
Ambit Investment Managers’ Managing Director Dhiraj Agarwal says emerging markets are in a risk-off phase due to Middle East tensions, a stronger dollar and rising crude prices. India, highly dependent on oil imports, is particularly vulnerable. He sees a very high probability of a 10% market correction, with a deeper 15–20% fall possible if crude stays elevated. Agarwal remains cautious on IT due to AI disruption and expects consumer staples to face long-term valuation derating.
Vinay Rajani of HDFC Sec suggests HDFC Gold ETF, Oil India shares to buy in the near-term
The Indian stock market fell significantly on March 2, with the Sensex down 2,743 points and the Nifty 50 plummeting over 500 points due to geopolitical tensions and foreign capital withdrawals, resulting in a loss of ₹8 lakh crore in market capitalization.
Watch | Higher crude supports upstream oil stocks, downstream outlook weak: Probal Sen
ICICI Securities energy analyst Probal Sen said crude prices around $75 per barrel are unlikely to trigger windfall taxes, supporting upstream companies such as Oil and Natural Gas Corporation (ONGC) and Oil India. However, he expects near-term pressure on downstream and gas companies as rising liquified natural gas (LNG)-linked input costs could impact margins. Sen remains cautious on the sector over the next three to six months but maintains a constructive long-term view on Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL) and city gas distributors.
Iran-Israel tensions likely to trigger choppy trade on Monday. What should investors do?
Indian stock markets are poised for a gap-down opening on Monday following preemptive strikes by Israel on Iran. Global cues remain negative, with experts anticipating choppy trade and advising investors to utilize corrections for long-term buying opportunities. The trajectory of crude oil prices is a key trigger for domestic markets.
Rajesh Palviya of Axis Sec suggests ONGC, RBL Bank, Sammaan Capital shares to buy today
Domestic benchmark indices showed little change after a prior decline, amid rising oil prices due to US-Iran tensions. Nifty 50 rose 0.03% to 25,465 while BSE Sensex fell 0.07% to 82,467.7. Analysts attribute weakness to global uncertainties and geopolitical risks.
Market Trading Guide: ONGC among 2 stocks to buy on Friday for up to 16% returns
Nifty ended sharply lower as US-Iran tensions sparked a broad sell-off, breaking its three-day gain streak. Stock picks include ONGC and Biocon, showing strong bullish momentum on short-term charts. Traders are advised to follow breakout levels with prudent stop-losses.
Momentum Stocks: Silver Touch, Vital Chemtech, Jindal Drilling gain 3-4% on sheer momentum
Silver Touch Technologies gained 3.4 percent to Rs 188.05. The stock traded comfortably above its 30-day, 50-day, 150-day and 200-day SMAs, reflecting a strong medium- to long-term bullish trend.
Does the rise of Kirloskar Oil Engine pose a threat to Powerica’s stock rally?
There are competitive concerns, but long-term investment case is intact
Trade Spotlight: How should you trade Chambal Fertilisers, Kirloskar Oil Engines, Vidya Wires, Usha Martin, NTPC Green Energy, and others on May 27?
The market is likely to remain in a consolidation phase as long as it trades below Tuesday's high. Below are some short-term trading ideas to consider.