Analyst sees autos, financials, power driving next leg of India rally
Mahesh Patil, CIO at Aditya Birla Sun Life AMC, expects India’s next market upswing to be led by autos, financials, and power stocks in the Samvat 2082 cycle. He attributes the forecast to rising consumption, favorable rate outlooks, and reduced foreign outflows. Patil also sees potential in infrastructure and healthcare picks while suggesting IT may act as a tactical contrarian play. He favors equities over gold and global assets under the current macro setup.
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2 days ago
Analyst sees autos, financials, power driving next leg of India rally
Mahesh Patil, CIO at Aditya Birla Sun Life AMC, expects India’s next market upswing to be led by autos, financials, and power stocks in the Samvat 2082 cycle. He attributes the forecast to rising consumption, favorable rate outlooks, and reduced foreign outflows. Patil also sees potential in infrastructure and healthcare picks while suggesting IT may act as a tactical contrarian play. He favors equities over gold and global assets under the current macro setup.
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Analyst sees autos, financials, power driving next leg of India rally
3 days ago
1 min read
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Analyst expects autos, financials, and power sectors to power India’s next market leg, with IT in tactical mode.
Mahesh Patil, CIO at Aditya Birla Sun Life AMC, expects India’s next market upswing to be led by autos, financials, and power stocks in the Samvat 2082 cycle. He attributes the forecast to rising consumption, favorable rate outlooks, and reduced foreign outflows. Patil also sees potential in infrastructure and healthcare picks while suggesting IT may act as a tactical contrarian play. He favors equities over gold and global assets under the current macro setup.
Mahesh Patil, CIO at Aditya Birla Sun Life AMC, expects India’s next market upswing to be led by autos, financials, and power stocks in the Samvat 2082 cycle. He attributes the forecast to rising consumption, favorable rate outlooks, and reduced foreign outflows. Patil also sees potential in infrastructure and healthcare picks while suggesting IT may act as a tactical contrarian play. He favors equities over gold and global assets under the current macro setup.