A view of crowded Sadar Bazaar as people shop ahead of Diwali festival, in New Delhi. (Source: PTI)
Samvat 2075 may have not been so great for investors. But market experts Ridham Desai and Hiren Ved have a tip on how to have a happy Diwali next year: start buying cyclical stocks now.“Eventually, cyclical businesses will come back,” Desai, managing director at Morgan Stanley India, told BloombergQuint in the special Saal Mubarak show. “We think that this is the time to buy cyclical and more the beaten up the name is, the more attra...