Nitin Bhasin of Ambit suggests IT, FMCG, and pharma sectors may perform well. Large and mid-cap stocks are favored. EMS, defence, and quick commerce sectors seem overvalued. Microfinance institutions might be recovering. Banks face potential earnings pressure. FII selling is offset by DII buying. Focus on stock picking is essential. IT, FMCG, and pharma are preferred sectors for investors.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets