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Holding four positions and adding SBCL in India, Afzal Lokhandwala notes

Holding four positions and adding SBCL in India, Afzal Lokhandwala notes
Positions held and SBCL added in India

Afzal Lokhandwala, market commentator and trader at FinTwit / Social Media, is currently holding four market positions in India and recently added SBCL at cost price levels.

Lokhandwala is monitoring opportunities in the auto, chemicals, and pharma sectors, but prioritizes de-risking existing trades before entering new setups. He remains optimistic about the Indian market and awaits a strong move in his current trades.

Lokhandwala recently explained the sharp decline in the S&P 500, describing it as the U.S. market's worst day since October in a recent article. He also reported that major Indian IT stocks, including Infosys, TCS, and Wipro, each dropped over 25% since February, according to a separate report. These observations come as he shifts focus to potential opportunities in India's auto, chemicals, and pharma sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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