Largecap IT stocks like Infosys and TCS experienced significant sell-offs in February, driven by perceptions of a US economic slowdown. Meanwhile, HDFC Bank remains unaffected by FII selling due to expectations of earnings recovery. The pharma sector is resilient despite tariff concerns, and NBFCs may benefit from monetary easing.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to
May 28, 2025