Market experts G Chokkalingam from Equinomics Research and Kush Bohra from Kushbohra.Com provided comprehensive stock recommendations on NDTV Profit's Ask Profit show. According to their analysis, Dixon Technologies (India) Ltd. is recommended as a 'Wait and Watch' at the current market price of ₹11,112.00, citing fundamental strength but potential for momentum-driven corrections. Kaynes Technology India Ltd. also received a 'Wait and Watch' rating at ₹3,374, with experts noting operating profit growth of only 15% YoY despite 26% sales growth, indicating margin pressure concerns.
State Bank of India at ₹977.60 received a 'Hold' recommendation with a 6-12 month investment horizon, as reported by the experts. The stock is currently consolidating with technical support at ₹975, having already experienced significant correction. Oracle Financial Services Software Ltd. at ₹8,689.50 was also suggested as a 'Hold' with a tight stop loss of ₹8,450, despite being described as a standout stock in the financial services space.
Tata Steel Ltd. at ₹221.57 was recommended for 'Book Profits' by Chokkalingam, citing temporary benefits from Middle East rupee depreciation that may correct when war conditions improve. MTAR Technologies Ltd. at ₹7,345.00 received a 'Wait and Watch' rating due to challenging valuations, trading at 225 times earnings per share. Quality Power Electrical Equipments Ltd. at ₹1,135 was identified as a 'Buy' opportunity with a recommended entry price around ₹1,100 and stop loss at ₹1,040.
Despite markets reaching new highs with the MSCI World delivering 26% returns over the past year, investors are experiencing unease due to geopolitical conflicts and rising energy prices. According to recent research, the S&P 500's technology sector now trades at 23 times earnings, down from 30 times earnings in autumn 2025, indicating more reasonable valuations. However, the MSCI World has experienced recency bias with 6% gains in recent months but also 6% losses midway through, making it feel like a tumultuous ride compared to the 5-year average of 4% quarterly returns.
