Capital allocation has been concentrated in specific sectors, leaving many with limited funding. Fund managers currently favour sectors like PSU, industrials, and defence, while showing less enthusiasm for FMCG and auto.
Indian PSUs hold immense investment potential, experts bullish on defence and mobility aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Q4 results today: Bajaj Finance, Nestle India, Tech Mahindra, IndusInd Bank, Schaeffler India, ACC, MphasiS, Coromandel International, Laurus Labs, Cyient, TTML, Olectra Greentech, etc. will announce their Q4 results today
N Jayakumar highlights the need to view the market differently due to the influx of younger, retail, aggressive investors. He suggests finding comfort in private sector banks, pharma stocks, OMCs, and power sectors. The market should shed historical baggage and focus on future potential. He said: "You need to learn from the past but you cannot ignore the present and therein lies the truth."