Mkt Volatility Can Provide Attractive Entry Points

New Delhi: There will be plenty of chances to invest in Indian stocks as market volatility can provide attractive entry points, a leading market expert said on Monday. However, investors should be selective in stock picking as the current scenario requires a bottom-up approach to identifying strong stocks, according to the veteran investor.

In a media interaction, Kela expressed optimism about buying opportunities amid market fluctuations. Additionally, he cautioned against expecting the same high returns seen over the past few years.

In the first trading session after the Union Budget presentation amid US President Donald Trump’s trade tariffs which are set to come into force on Tuesday, the Sensex dropped by 327.25 points or 0.42 per cent to trade at 77,178 during the intra-day trade. Similarly, the NSE Nifty slipped 138.05 points or 0.59 per cent to trade at 23,344.1.Sectors such as metals, mid and small-cap IT & telecom, and real estate faced the biggest losses.The Nifty 50 index has dropped 11 per cent from its peak in late September.