Defence a good bet over the medium term; avoid auto for now: Rajesh Bhatia

March 26, 2025

Rajesh Bhatia, CIO at ITI Mutual Fund, suggests that the market will be stock-specific rather than trending. He recommends focusing on sectors like power and defence while avoiding auto stocks. Additionally, he believes declining interest rates will benefit banks and NBFCs. Enthusiasm should be kept low with selective stock picking being key.

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