![]() ![]() Once stability returns in the global markets, India will start to outperform. We see stock prices correcting because of relentless selling by foreign investors and this is a pattern which has played out several times in the past back in 20 as well as 2012-13 and we need to ride out these turmoils and stay put. In fact, a fall in oil prices is beneficial for our economy and corporate earnings. ![]() I think there is no impact on the domestic fundamentals. We are in a classic risk-off trade and global problems are having ripple effects or causing waves over here in Indian markets as well. What is your take on what the Credit Suisse news could mean for global banks and of course, back home is there a fear of contagion? There is nervousness and volatility across the global markets with every day, a new headline stirring fear. From a test match perspective, this is a good time to start getting into some contrarian bets as well,” says Dipan Mehta, Director, Elixir Equities. That does provide an opportunity if you have the T20 approach. “These are great trading opportunities as well in the markets and if you are a good trader and unable to cut your stop losses, then there is the entire Adani Group of companies and some of the other highly sensitive stocks which are very high alpha and go up and go down at least 7-8% in a day.
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