Foreign institutional investors have been withdrawing funds from Indian equity markets for the last three weeks. Even as domestic investors watch from the sidelines, traders are placing bets on market outcomes based on the closely contested U.S. presidential election.
So how does one safeguard one's investments? And what is the best way to take advantage of the anticipated volatility? On BloombergQuint's ‘Surf's Up', which tracks weekly trends in equity derivatives, Ashish Chaturmohta of Sanctum Wealth Management says markets may remain rangebound ahead of next week's election.
Chaturmohta adds that he prefers buying stocks in the financial sector. For more on what levels to bear in mind and the stocks to watch, listen in.
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