Market expert Neeraj Dewan is optimistic about the defence sector’s long-term growth, highlighting budget allocations and export potential. He favors Garden Reach and Mazagon Dock for long-term investment, while advising caution on SCI and Cochin Shipyard due to geopolitical risks. Dewan anticipates consolidation in Asian Paints and suggests potential short-term gains, but expects sluggish medium-term performance.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,