Deven Choksey highlights strong fundamentals in defence and railways stocks and sees opportunities in specific autos despite Tesla’s market entry concerns. He suggests looking at Tata Technology, Bajaj Housing Finance, ITC Hotel, Minda Industries, Kotak Bank, Bajaj Finance, and Bajaj Finserv for investments due to their current attractive valuations and growth potential.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.