Mixed Cues: Neeraj Dewan Sees Opportunities in Energy, Auto, Defensives

Market expert Neeraj Dewan has highlighted specific sectors like energy, defensives, food delivery, auto, and select PSUs as long-term investment opportunities despite current market volatility. This advice comes amidst geopolitical tensions and rising energy prices, which are causing instability in the Indian stock market.

This matters for traders as it provides a strategic roadmap for navigating a volatile market environment. Instead of broad-based selling, the recommendation is to selectively accumulate quality stocks in resilient and growth-oriented sectors, suggesting a 'buy on dips' strategy for long-term gains.

The energy sector (e.g., RELIANCE, ONGC, IOC) could see sustained interest. Defensive stocks (e.g., NESTLEIND, HINDUNILVR) are likely to remain stable. Auto (e.g., MARUTI, M&M) and food delivery platforms (e.g., ZOMATO) are identified for growth, while select PSUs (e.g., SBI, BHEL) could also attract investment, potentially leading to positive sentiment in these specific counters.

Traders should monitor geopolitical developments and crude oil prices, as these are key drivers of current volatility. Look for specific company announcements within the identified sectors and observe price action on dips to confirm accumulation opportunities. Also, keep an eye on FII/DII flows for broader market sentiment.

• •Indian stock markets face volatility due to geopolitical tensions and rising energy prices.
• •Market expert Neeraj Dewan identifies selective long-term opportunities.
• •Sectors identified include energy, defensives, food delivery platforms, auto, and select PSU stocks.
• •Advises gradual accumulation on dips.