Now Reading: Bhandarkar: IT stocks support volatile markets
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Bhandarkar: IT stocks support volatile markets
Asit Bhandarkar, Senior Fund Manager, Equity at JM Financial AMC, told Business Today that IT stocks are offering support as the broader market remains volatile. Rising crude oil prices and geopolitical tensions…
The Story in Brief
Asit Bhandarkar, Senior Fund Manager, Equity at JM Financial AMC, told Business Today that IT stocks are offering support as the broader market remains volatile. Rising crude oil prices and geopolitical tensions are weighing on sentiment, with the Nifty and Sensex giving up early gains. Bhandarkar discussed his outlook on smallcaps, banks, financials, consumption, valuations, and FII flows, pointing to where investors might find value.
The Indian Opinion
The noise around FII selling and crude oil often drowns out the real story: quality stocks in IT and select financials are available at fair prices. The lazy narrative says panic and exit, but markets reward patience. Watch Q1 earnings and the oil-price trajectory over the next month. If earnings hold up and crude stabilises, the current dip is an opportunity.
Source: businesstoday.in
This story was synthesised by AI from the source linked above.
