Business and Finance Business and Finance
Tue, January 28, 2025

Market slump may offer buying opportunities in quality stocks: Deven Choksey


Published on 2025-01-28 00:40:56 - MSN
  Print publication without navigation

  • Some of the auto ancillary companies which are though you may not want to call them as a completely largecap, but in the high range of midcaps they are relatively a better placed.

The article from MSN Money discusses insights from Deven Choksey, a noted market analyst, on the current market conditions in India. Choksey suggests that despite the recent market slump, there are buying opportunities in quality stocks. He highlights that sectors like banking, particularly private banks, are showing resilience and could be good investment options due to their strong fundamentals and potential for growth. Additionally, he points out that the IT sector might face challenges due to global economic conditions but could still offer value in specific companies with robust business models. Choksey also mentions that the market correction provides a chance for investors to buy stocks at lower valuations, especially in companies with solid earnings visibility and those that have corrected significantly from their highs. He advises investors to look for companies with good governance, strong balance sheets, and those that are likely to benefit from long-term structural changes in the economy.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/market-slump-may-offer-buying-opportunities-in-quality-stocks-deven-choksey/ar-AA1xYoOy ]
Contributing Sources