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LGT Wealth's Chakri Lokapriya recommends using the recent market correction to accumulate financials, IT, real estate, and metals. The view supports a medium-term bullish stance on rate-sensitive and cyclical names amid improving deal pipelines and demand revival.
Impact Score
Affected Stocks
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This article, though a month old, highlights the persistent concerns of rising oil prices and geopolitical tensions in West Asia, which continue to influence global and Indian market sentiment. Chakri Lokapriya's advice for selective investing remains relevant, emphasizing caution due to increased costs and potential economic slowdowns, particularly impacting sectors reliant on crude oil.