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Sachin Relekar from Axis Mutual Fund shares insights on India's equity markets. He highlights consumption and defense as key sectors for long-term growth. Relekar notes recent market volatility due to global events. He suggests a positive outlook for Indian equities, driven by domestic manufacturing and healthy corporate balance sheets.
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Rajat Sharma of Sana Securities advises caution on defence and real estate due to high valuations, despite positive market sentiment. He expresses concerns about real estate balance sheets and the unsustainability of current valuations. Sharma favours ITC and alcohol stocks within the FMCG sector, highlighting their resilience against quick commerce and attractive valuations.
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Despite the legal mire, all signs point to this being a battle the Republican president won't give up easily.
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News and Media
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