img

There has been a rise in the stock market today. It has happened after many days that the market has registered a rise for the second consecutive day. However, for some time now, a selling trend has been seen in the entire market and stocks. After this decline, experts now believe that the valuation of many strong stocks has improved a lot, so investors can include these quality stocks in their strategy.

What is the opinion of experts?

According to Parag Thakkar, Senior Fund Manager of Fort Capital, in some large cap stocks where FIIs are selling, these FIIs have their own concerns behind it, in which foreign investors are selling due to fear of inflation in America, rise in dollar etc. In such a situation, there are opportunities for buying in Reliance Industries, SBI, ICICI Bank, Axis Bank, L&T in the fall. According to him, in these stocks also, Reliance Industries, SBI, ICICI Bank, Axis Bank have come down to such levels where even if the results of these companies are disappointing to a certain extent, there will be no effect on the price because the stocks have already come down. In such a situation, there is a lot of valuation comfort in these stocks. Keep in mind that at present there is uncertainty about when the FIIs' selling will stop and there is volatility in the market, in such a situation, investors should buy these stocks slowly. Decline in the stock market Even though the market has been on an upward trend in two days, the market has fallen a lot from its upper levels. The Sensex reached a record high of 85978 on 27 September. Currently, the index is at 76724. That is, the index has seen a decline of 11 percent during this period. Many large cap stocks have also come down during this period. 

--Advertisement--