Himadri Speciality, Borosil Renewables among 5 fundamental stock picks Ambareesh Baliga recommends buying for short term
AI Summary
The ongoing geopolitical tensions and rising crude oil prices are creating a challenging environment for the Indian equity market, with the Nifty index facing significant downward pressure. However, stock-specific opportunities, particularly in sectors like renewable energy and advanced materials, may provide avenues for growth. Companies like Himadri and Borosil Renewables are well-positioned to capitalize on their expansion plans, potentially offering investors attractive returns despite the broader market volatility.
Equity benchmark Nifty is down more than 11% year-to-date, largely due to concerns over elevated crude oil prices on India's growth-inflation dynamics. Oil prices have been up for most of the year due to the US-Iran conflict, raising the risk of an inflation flare-up and aggressive monetary tightening by global central banks.
The US Federal Reserve increased rates by 25 basis points in its September policy meeting, and markets expect at least one more hike this year as the West Asian conflict remains unresolved.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 25 September 2026.
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