Updated: May 15
Multiple global financial advisory firms namely Nomura, UBS, Morgan Stanley have been raising red flag on Indian equities since a past few trading sessions. Goldman Sachs, CLSA were also seen downgrading Indian stocks over valuation concerns and less favorable risk-reward at current levels.
However, there are no serious concerns regarding investments in India while taking into consideration a longer tenure for investment. We've already mentioned possible technical risks for the Indian index in our recent blog ( https://www.dvsafeacestrategies.com/post/bears-to-come-back-hunting-on-d-street-dv-safe-ace-strategies ) along with possible downside targets in case our technical bear criteria is met.
There are questions popping out in every investor's mind about where to make investments presently post red flags by multiple financial brokerage advisory firms by efficiently tackling market volatility? The answer lies in one of our previous predictions dated May 2, 2021.