Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood

In the short-term, Wood suggests that investors should sell stocks on a rally. The bet for a sustained equity market rally before 2022 end is a possible change in the US Fed's language, he said

Markets have found it tough to cling on to higher ground. CHRISTOPHER WOOD, global head of equity strategy at Jefferies advises that investors should look to sell stocks on a rally in the short-term. What will see the markets rally is a sudden end to the Russia – Ukraine conflict as it will ease supply pressure across commodities, he tells Puneet Wadhwa in an interview. Edited excerpts:

Do you expect the US Fed’s language to change to a softer tone anytime later this year?

The US Fed has been under pressure to do something about inflation since the fourth quarter