Hemang Jani highlights Bosch’s stable performance and diversification into EV components as appealing in the MNC space. He favors wealth management companies like 360 One or Nuvama, anticipating a structural bull run and potential consolidation. In the auto sector, Jani prefers Mahindra & Mahindra and TVS, expecting positive impact from a normal monsoon and potential rate cuts.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader