Markets are likely to remain volatile in Samvat 2075 owing to a politically heavy calendar (upcoming State elections over new few months, and General elections next year) and macro challenges emerging from rising crude oil prices and widening fiscal and current account deficits.
“The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario,” says Naveen Kulkarni, head of research, Reliance Securities.
While the recent sharp correction has made valuations attractive for select stocks, experts remain cautious and suggest investors adopt a stock-specific approach.
Kulkarni believes the market is unlikely to see any significant re-rating from the

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