Mumbai, May 7 (IANS). On Wednesday, the experts advised investors to avoid panic purchases and keep a long-term attitude amidst the market fluctuations in the stock market due to India-Pakistan tension.
Dr. Vikas Gupta, the main investment strategist and CEO of Omnisins Capital, said, “This is not a careful plan nor panic shopping.”
He further said that there are still opportunities in the defense sector from the long -term perspective.
Gupta advised investors that investors should stay away from foam (Fer of Missing Out) and prepared a sector and stocks of stocks in which there is strength.
Apart from this, the investors should be allocated in a gradual and rational manner and do not take any decision emotionally, bypassing the market noise. However, Gupta said that the Defense Sector is our main focus area.
He further said, “Defense companies already have strong order books and their order is likely to increase further due to operation vermilion. Now meditation projects may increase at the speed of examinations.”
Gupta said that apart from traditional weapons, other sectors related to defense can also be seen. This includes cyber security, strategic minerals, military EPCs and defense logistics.
In addition, Gupta said that investors should be careful while choosing companies and only good defense shares should be bet.
Defense shares are having a flat business in the midst of increasing tension in India and Pakistan. This includes India Dynamics, Hindustan Aeronautics, Bharat Electronics and BEML.
Mixed business is being done in the Indian stock market. The Sensex fell 125 points or 0.16 percent to 80,515 and the Nifty was 33 points or 0.14 percent to 24,345.
-IANS
ABS/
