Nischal Maheshwari says buy on dips as markets shrug off oil and geopolitics

The money may be rotating from PSU banks

Indian equity markets have held up despite geopolitical tensions and volatile oil prices, signaling that investors may think the worst is already priced in. Market expert Nischal Maheshwari backs a “buy on dips” approach, pointing to a shift from PSU banks toward private lenders. He also flags auto stocks, saying valuations need caution.