The InCred Asset Management fund manager expects sectors such as IT, Healthcare, Manufacturing, and Consumer Discretionary to drive the next leg of the rally in the Indian markets. He believes that the markets are fairly valued at the current levels and that returns will depend on earnings growth. Sood also advises investors to stay disciplined and avoid over-exuberance in sectors with unfavorable risk-reward ratios.
ETMarkets Smart Talk: Diwali 2024 outlook! Vikas Gupta on why banking and power sectors are poised for growth in Samvat 2081
There could be other reasons due to the middle east war escalation with potential to cause spike in crude oil prices and also potentially creating