Editor's Take: Indian Market 'Stalled Decision,' Themes Maintain Vigor

• The Indian stock market is in a 'paused decision' state, with Nifty showing resilience and a 'buy on dips' sentiment despite narrow range trading.
• Global cues are mixed: falling Brent crude prices offer relief for India, while AI bubble concerns led to a sharp fall in Nasdaq.
• India's November retail inflation at 0.71% and negative food inflation are favorable, limiting pressure on domestic interest rates and supporting equities.
• The recommended strategy is a theme-based approach, focusing on sectors like metals, gold, silver, and select chemicals, over aggressive index trading.

Why It Matters: It guides investors on profitable themes amidst a range-bound Indian market.