The domestic markets have come off around 7 per cent from the 2022 highs and many fear further weakness as the US Federal Reserve policy takes a hawkish turn. Besides, rising geopolitical tension and a spike in oil prices are weighing on stock prices.
According to fund managers, flexi-cap and large-cap schemes may weather the current storm better. They say despite the fall, valuations are not yet attractive and further weakness in the mid-cap IT and the consumer discretionary segments can result in good buying opportunities.
According to fund managers, flexi-cap and large-cap schemes may weather the current storm better. They say despite the fall, valuations are not yet attractive and further weakness in the mid-cap IT and the consumer discretionary segments can result in good buying opportunities.
Investors should also stay focused on asset allocation, invest in profitable companies, and opt