Market Expert Rudra Murthy Shares Top 3 Stock Selecting Ideas In This Volatile Market

Market Expert Rudra Murthy Shares Top 3 Stock Selecting Ideas In This Volatile Market

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Sakshi Batra
  • Updated Nov 19, 2024 2:05 PM IST

Is the Market Bounce Here to Stay? Markets have seen a sharp rebound, with Nifty crossing 23,700. Is the recovery trend solidifying, or is it a short-term bounce? CA Rudra Murthy, Research Head at Vachana Investments, provides his expert insights. Highlighting the importance of risk-reward balance, he suggests that investors remain cautious at higher levels but use corrections to identify strong opportunities. In his analysis, Rudra Murthy recommends focusing on specific stocks with robust fundamentals, such as Federal Bank, Polycab, and Vedanta, citing strong results and undervalued opportunities. Additionally, he emphasises the potential in sectors like metals, which could benefit from China's stimulus. He advises investors to stay with stocks demonstrating valuation comfort, resilient performance, and solid earnings, even amid market volatility. While caution is advised as Nifty approaches 24,000–24,200, the long-term investment outlook remains promising. Catch his full market strategy and stock picks in this insightful session. Watch now!

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