Nilesh Shah of Kotak AMC remains optimistic about consumer discretionary spending, citing tax rebates, reduced EMI burdens, and the upcoming 8th Pay Commission. He favors midcap IT leveraging AI and consumer discretionary over staples, driven by increased focus on healthcare, travel, and QSR. While IPOs and promoter stake sales offer market supply, selective investment is crucial.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and