Now Reading: Coheron Wealth sees market rally held back by crude oil risks
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Coheron Wealth sees market rally held back by crude oil risks
Indian stock markets face a tug-of-war between supportive corporate earnings and near-term volatility from rising geopolitical tensions and crude oil prices. Aditya Agarwal, Head of Investment at Coheron Wealth, said investors should…
Indian stock markets face a tug-of-war between supportive corporate earnings and near-term volatility from rising geopolitical tensions and crude oil prices. Aditya Agarwal, Head of Investment at Coheron Wealth, said investors should assess whether the current correction offers a buying opportunity and identified banking stocks, large caps and market momentum as key areas to watch.
Agarwal discussed FII flows, valuations, and sector leadership in a conversation with business today. He did not give a directional call but flagged that the market is at a critical juncture. Investors are advised to stay alert to global risks while domestic fundamentals remain broadly intact.
Indian Opinion Analysis
The Nifty has delivered around 13 per cent annualised returns over the past decade, but 2025 opened with foreign portfolio investors pulling Rs 1.1 lakh crore from Indian equities by March, their heaviest sell-off since the 2008 crisis. The RBI's February repo rate cut to 6.25 per cent should ease corporate borrowing costs, though oil above $85 a barrel, triggered by Middle East tensions, threatens the current account deficit. Banking stocks, which make up a third of Nifty weight, face margin pressure as deposit rates stay sticky. The real test is whether domestic mutual funds, which absorbed Rs 1.7 lakh crore of FII selling last financial year, can sustain that support through June-quarter earnings season. The first big signal comes when HDFC Bank reports results on April 19.
Source: businesstoday.in
This brief was synthesised by AI from the source linked above.
