Markets are focusing on Indian fundamentals rather than following global cues, says Sandip Bhatia of Macquarie Securities Group. He expects the global volatility to continue and says it could even become starker over a period of time. Despite the market rally, witnessed this week, Bhatia says Indian market is in a recovery phase and will take two to three years to bounce back fully. “Another correction cannot be ruled out.However sectors like banks, metals and mining continue to be under stress. If monsoons are good this time around, green shoots could widen across sectors.
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SGX Nifty indicating a positive opening for the Indian markets. With the gains on the day, the major averages climbed to new record closing highs. stock market tipsNifty Futures Tips
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