Monday’s market opened with the Nifty hovering around 22,600 points, barely dented by the flare‑up in the Middle East that has kept investors cautious. The Sensex mirrored the trend, trading in a narrow range as foreign inflows remained steady but risk‑averse sentiment persisted. In this backdrop, Anand Rathi’s equity strategist Ganesh Dongre highlighted three equities that could benefit from the current volatility. Dongre’s shortlist includes real‑estate developer DLF, jewellery retailer PN Gadgil Jewellers and oil‑major HPCL.
He points to DLF’s strong order‑book and upcoming project launches as catalysts, setting a target of ₹3,300 with a stop‑loss around ₹2,900. For PN Gadgil Jewellers, the analyst cites a rebound in discretionary spending and a favourable export outlook, recommending a price objective of ₹1,200 and a stop‑loss near ₹1,050. HPCL, buoyed by steady domestic fuel demand and a modest recovery in crude prices, is pitched at a target of ₹340 with a stop‑loss of ₹315. For the typical salaried investor, these picks offer exposure to three distinct sectors – real estate, consumer luxury and energy – while the defined stop‑loss levels provide a risk‑mitigation framework.
However, investors should keep an eye on geopolitical developments and any policy shifts that could sway commodity prices or consumer sentiment. Maintaining a diversified portfolio and reviewing positions regularly remains the prudent approach.