The Indian stock market erased early gains on Monday, closing lower as profit-taking at elevated levels weighed on sentiment.
The benchmark BSE Sensex fell nearly 0.5%, reflecting a cautious stance among investors amid mixed global cues and heightened intraday volatility.
Market strategists suggest that the current environment favors a selective approach rather than broad index exposure.
Rather than focusing solely on Nifty 50 constituents, advisors are recommending a shift toward companies outside the index that are demonstrating robust earnings growth.
This rotation highlights a search for value in mid-cap and small-cap segments where fundamentals may be stronger relative to valuations.
The pullback comes as investors navigate a complex backdrop of geopolitical uncertainties and macroeconomic headwinds.