Bottom fishing in the stock market refers to the strategy of buying stocks that have significantly declined in price, with the expectation that they will recover. This approach is often used by investors looking for undervalued opportunities in the Indian market.
In India, bottom fishing can involve investing in local products such as those from the fast-moving consumer goods （FMCG） sector, like Hindustan Unilever\“s soaps and detergents, or IT services from companies like Infosys. These products have strong domestic demand and can rebound after market downturns.
Additionally, Indian pharmaceutical products, such as generic drugs from Sun Pharma, are popular targets for bottom fishing due to their global reach and resilience. Investors analyze factors like company fundamentals and economic trends to identify potential gains. |
