Sandip Sabharwal discusses investment strategies, favoring capex-oriented companies like L&T and select IT firms. He expresses caution about PFC and REC due to long-term solar sector stress, preferring private sector NBFCs like L&T Finance and Mahindra Finance. Consumer stocks are expected to revive eventually, offering buying opportunities at current discounted levels.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential