Indian benchmark indices extended their losing streak on Thursday, marking a fourth consecutive session of declines.
The Nifty 50 fell 0.27% while the Sensex dropped 0.24%, as investor sentiment was dampened by rising crude oil prices.
Brent crude climbed above $96 a barrel, driven by escalating geopolitical tensions in the Middle East that continue to weigh on risk appetite across emerging markets.
Brent crude climbed above $96 a barrel, driven by escalating geopolitical tensions in the Middle East that continue to weigh on risk appetite across emerging markets.
Despite the broader market weakness, strategists are identifying selective opportunities within the dip.
Nagaraj Shetti, a market analyst, has recommended Bajaj Auto and Epigral as short-term buys.
These recommendations come as traders look for defensive plays or technical rebounds amidst the energy-driven sell-off.