Rajesh Bhatia, CIO at ITI Mutual Fund, suggests that the market will be stock-specific rather than trending. He recommends focusing on sectors like power and defence while avoiding auto stocks. Additionally, he believes declining interest rates will benefit banks and NBFCs. Enthusiasm should be kept low with selective stock picking being key.
How will the surge in crude oil prices affect various sectors?
Global crude oil prices are rising. This may impact the profits of several companies. Sectors like refining, paints, and aviation could face challenges. Oil producers