Oil prices and FPI flows may keep Indian equities volatile
In short
Analysts say Indian stocks may stay volatile in Samvat 2083 because of geopolitical events, crude oil prices and foreign investor flows. They also say banks and financials are still the preferred bets after a difficult Samvat 2082.
What the reporting says
Analysts expect geopolitical developments, crude prices and foreign investor flows to shape Indian equity direction in Samvat 2083, according to a Business Standard summary. They also say banks and financials remain preferred bets after a turbulent Samvat 2082.
Why it matters
It also says banks and financials remain preferred bets after a turbulent Samvat 2082. This points to a volatile market backdrop for Indian equities, but the brief offers no index target or numerical forecast.