Indian stock markets continue to trade firm on Wednesday with the Sensex and the Nifty 50 recovering fully from the April 2 tariff imposition by US President Donald Trump. The surge comes on the back of 90-day pause by the US administration on the imposition of these tariffs.
Are the markets completely out of the woods? Is it a good strategy to diversify into international markets? If so, which ones?
Is this a 'sell on a rise market', or should investors buy the dips? Which sectors and stocks are a must for your portfolio, and which ones should be avoided?
The market is transitioning from one driven by macro conditions to one where stock-picking is likely to add alpha. We are capitalisation-agnostic following recent developments, cutting back on our preference for small and mid-caps over large caps.
While the bias remains to buy domestic sectors with a cyclical bias, both overweight and underweight positions stand reduced. The Reserve Bank of India (RBI) has policy space to act to support domestic growth, whereas external-facing sectors could go through multiple months of uncertainty.
 "football")
 "Delhi Weather")
 "Full size")
 "India")
