After a turnaround performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling in stocks that are focussed on the domestic economy.
While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India’s relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies.
In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at