Dipan Mehta from Elixir Equities sees an upcycle in speciality chemicals, driven by past investments and stabilized input prices. He favors PSU banks over private sector banks due to narrowing valuation gaps and suggests NBFCs for lending exposure. Mehta is now underweight on the insurance sector, citing a lack of wealth creation for minority shareholders.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets