Equity markets experienced a sharp reversal this week, erasing early gains and sparking debate about deeper weakness. Despite the choppiness, market experts remain constructive, citing strong earnings trends and sectoral tailwinds. Rahul Shah highlights robust profit growth and positive outlooks for BFSI, metals, consumption, autos, and cement, recommending selective investment in largecap stocks.
Indian equities are navigating uncertainties, with strong fundamentals and a supportive macro environment. Despite a disconnect between on-paper strength and market tickers, experts anticipate double-digit GDP and earnings growth by FY27. Investors are advised to focus on bottom-up stock selection, particularly in financials and select mid-caps, as the market matures.
Markets are increasingly accustomed to geopolitical shocks, with investors likely to overlook conflicts unless they significantly impact growth or inflation. While crude oil remains a key variable, strong US production and OPEC decisions are balancing supply. Investors are focused on US economic data and the Federal Reserve's delayed interest rate cut outlook.
Omnitech Engineering has announced its upcoming IPO, aiming to raise Rs 583 crore with a price band of Rs 216-227 per share. The precision component manufacturer's share sale opens February 25, with funds earmarked for debt repayment and expansion. The company, serving global energy and industrial clients, is set to list on March 5.
