Economic TimesLean R·
IT selling nearing an end; banks and FMCG remain top bets: Neeraj Dewan
Broader markets show resilience despite IT sector weakness, with expert Neeraj Dewan suggesting investor confidence hinges on stronger company outlooks. While IT valuations are becoming attractive, caution is advised for long-term investors. Traders might see a bounce. Lower crude prices boost banking and financials, while commercial vehicles are favored over passenger cars in the auto sector. FMCG offers stability, but retail stock valuations require discipline.
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