Has The Market Finally Bottomed? Kranthi Bathini On What Investors Should Do

Markets have endured one of their longest losing streaks in 25 years, raising the big question - has the sell-off finally reached a bottom? In this conversation, Kranthi Bathini, Director of Research, WealthMills Securities, shares his outlook on the Indian equity markets and what investors should do next. Bathini says investors with a two-to-three-year horizon can consider gradually chipping into the market, even as uncertainty remains high. He highlights crude oil near $100 a barrel, expectations of a 25-basis-point rate hike and the upcoming earnings season as key market triggers. With the indices in oversold territory, he cautions that the current rebound could be a dead-cat bounce. He also identifies 22,500 and 23,000 as crucial levels for Nifty and explains what could trigger a sustained market recovery.