Savvy investors should look out for the lows and add systematically and not fret and panic. Similarly, it makes immense sense to take profits at the upper end of the range in these highly volatile markets
PRO Only Highlights
– Quarterly performance largely backed by improved realisations
– Medium-term triggers China plus and protectionist measures for tyre industry
– Valuations not inexpensive; but improved medium-term outlook
– Quarterly performance largely backed by improved realisations
– Medium-term triggers China plus and protectionist measures for tyre industry
– Valuations not inexpensive; but improved medium-term outlook
Markets appear to be climbing a wall of worry, going by the sharp pull back from the lows touched at the onset of the Russia – Ukraine war. Not only has our own Nifty, after correcting by over 14 percent from its October 21 highs recovered by over 9 percent, the reaction of the global markets was broadly similar. Amid skyrocketing commodity prices ranging from crude, base metals, agri commodities to fertilisers and inflation touching dizzying highs, and with the…
