Global equity markets have witnessed heightened volatility over the past four months, with weekends often bringing fresh statements and counter-statements related to the US-Iran conflict, according to an analysis by The Economic Times (ET). The developments have frequently influenced market sentiment at the start of the following trading week.
The ET analysis noted that movements in crude oil prices are likely to remain a key indicator of how markets assess geopolitical developments. It said that the absence of a sharp spike in oil prices could indicate that market participants are assigning limited significance to such statements.
Meanwhile, the first-quarter earnings season for FY27 has commenced, shifting investor focus to corporate performance. Companies reporting results below market expectations could witness stock-specific reactions as investors assess earnings.
According to ET, sector-specific volatility may also remain in focus over the coming weeks as companies in certain industries adjust to changes in revenue and profitability, particularly those with significant exposure to crude oil or imported raw materials. As a result, stock-specific movements are expected to dominate broader market trends.
The ET analysis added that investors with fresh capital may prefer to wait for greater clarity before evaluating companies undergoing structural business transformations that could have a longer-term impact on earnings.
The shortlisted companies span sectors including NBFCs, utilities and others. According to ET, these stocks had previously undergone a correction and have recently shown signs of recovery alongside the broader market.
- Company – Jio Financial Services | Recomendation – Strong Buy | Upside Potential – 26 per cent
- Company – Hikal Ltd | Recomendation – Strong Buy | Upside Potential – 19 per cent
- Company – Northern ARC Capital | Recomendation – Buy | Upside Potential – 18 per cent
- Company – Petronet LNG | Recomendation – Hold | Upside Potential – 13 per cent
- Company – Lenskart Solutions | Recomendation – Buy | Upside Potential – 10 per cent
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
Akshat Mittal is the Chief Copy Editor at ET NOW with over 6 years of experience, specialising in Markets, Personal Finance, and General News. Before joining ET NOW, he worked with prominent media organisations and has reported on numerous major events firsthand.
He has also conducted several high-profile interviews on topics such as the 8th Pay Commission and the IMF’s loan to Pakistan amid Operation Sindoor.
Akshat has been involved in numerous key business launches, covering these events on the ground. His articles are widely published in national magazines and newspapers, where he has conducted several interviews with prominent political figures.
He was the first to bring out the IMF spokesperson’s statement on the voting pattern of the Executive Directors, following reports claiming that ‘no is not an option’ in the IMF voting procedure.
Akshat is passionate about public speaking and has delivered numerous lectures at colleges and schools. He also served as a member of a Youth Parliament in Delhi.
