Sandip Sabharwal says India’s macro environment is strong. External shocks cause market volatility. Financials and infrastructure sectors are solid bets. Pharma and FMCG are defensive options. EV valuations need a reset. Mahindra & Mahindra and Bajaj Auto are well-positioned. Optimism around gold is priced in. Electricity futures trading impacts IEX. Adani’s entry disrupts the wires and cables sector.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets