Benchmarks stage comeback after initial slump, VIX crosses 20 mark

Domestic stocks clawed their way back after a morning wobble on Monday, with pharma and healthcare leading the charge. The Nifty settled above the 22,100 level after hitting the days low of 21,821.05 in mid-morning trade. Market experts attribute the current foreign investor selling frenzy to a global shift in focus towards China's cheaper markets, not India's election concerns. Analysts remain bullish on India's long-term prospects. Union Home Minister Amit Shah echoed this, calling the current weakness a potential buying opportunity.
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