March 16, 2023 1 minute
Indian indices have been in the red in 2023 YTD with the benchmark Nifty down over 6 percent driven by sticky inflationary numbers, a hawkish stance by the US Federal Reserve, continuous foreign portfolio investor selling, and muted Q3FY23 earning reports.
However, a recent report by wealthtech platform Fisdom Research suggested that the recent correction in the Indian market offers a good entry point for investors for long-term opportunities.
