Indian equity strategists are pivoting toward specific large-cap momentum plays as geopolitical friction between the US and Iran weighs on sentiment.
With the Nifty 50 index closing 0.39% lower on Monday, touching an intraday low of 24,136, market participants are seeking defensive pockets within the broader sell-off.
Livemint reports that experts have identified a basket of six stocks, including Sona BLW Precision and JSW Steel, as primary candidates for short-term trading over the next one to two weeks.
The recommendation comes as fluctuating oil prices and escalating diplomatic tensions create a volatile backdrop for Indian markets.
While the broader index pared some losses to settle at 24,238, the underlying pressure remains evident.
Analysts argue that stocks with strong technical setups can decouple from the macro headwinds, offering relative strength in a risk-off environment.