Solomon’s insights suggest that India remains a high-potential investment destination despite short-term challenges.

Dhiraj Agarwal, MD of Ambit Investment Managers, notes potential for a near-term market bounce after months of decline, but warns of long-term challenges and moderate earnings growth. He emphasizes the importance of selective stock picking focused on valuations rather than sector or thematic strategies, highlighting recent disparities within banking and IT sectors.

In a challenging market with a slight downward bias, Dhiraj Agarwal of Ambit Investment Managers advises focusing on individual stock picking rather than sector-specific trends. He suggests looking at earnings growth, quality of earnings, and valuations, particularly in banks, fintech, and consumer sectors to find potential winners.

Domestically falling forex reserves, a weaker Rupee, slowdown in retail consumption, banking system liquidity crunch and cut in Corporate India earnings since 2Q 2024 are the key concerns which have led to FIIs taking out US$ 24 bn in the last six months.

Jio Financial shares: The non-banking financial company, owned by billionaire Mukesh Ambani, has recovered from its 52-week low of Rs 198.60 on Monday. The stock had ended 3.3% lower on Monday at Rs 200.95 but has since reversed its losses over the past three sessions.

Angel One shares: Angel One s total notional ADTO reached Rs 29.58 lakh crore in February 2025, marking a 4% month-on-month decrease from Rs 30.82 lakh crore in January 2025, and a 34.5% year-on-year decline compared to February 2024.

Reliance Industries share price: The rally was further bolstered by Kotak Institutional Equities upgrading the stock to "buy" with a revised target price of Rs 1,400, citing an improved risk-reward after a significant correction.

ICICI Securities has upgraded City Union Bank to a BUY with a target price of Rs 200. The bank reported a 2.82% increase in standalone total income for the quarter ending December 2024. Upgrades are based on healthy Q3FY25 numbers and positive growth outlook. The stock currently trades at its lowest valuation in the last three years.

The markets are sort of re-evaluating the prospect for that US growth exceptionalism. And when you see the likes of China and Europe, as they did yesterday, introducing or talking about some really-really significant fiscal stimulus to hit their economies, then that does mean that actually the US is not the only story in town and we can actually look at other alternative investment destinations as well.

Gensol Engineering s shares plummeted 35.2% in two days after credit rating downgrades from ICRA and CARE. The downgrades indicate increased credit risk and potential financial distress. The company plans strategic debt reduction through asset divestments, aiming to achieve a zero net-debt status. They deny falsification claims and are addressing the concerns responsibly.