Good time for investment in mkts: Analysts

With the European crisis adding to the woes of the domestic market pulling down nearly 200 blue-chips scrips to yearly-lows,some market analysts feel that this is the right time to invest in these stocks with a long-term view.

The prices of several market favourites have come down following the uncertainty over the ongoing European crisis,they said,adding nearly 200 stocks from various sectors such as telecom,realty and infrastructure among others are trading below their 52-week lows.

For instance,the counters like Bharti Airtel and Idea from the telecom space are at their yearly lows,primarily due to the fierce competition and the resultant dip in their revenues,the woes of realty leader DLF and infra majors like GMR Infra and Punj Lloyd are primarily because of the lingering market volatility.