Arvind Kothari from Niveshaay is optimistic about capital expenditure-driven sectors. He highlights opportunities in defense, textiles, and power. RBI’s rate cut and liquidity measures aim to boost consumption. Small and mid-cap stocks face valuation risks, while large caps have demand challenges. Promoter selling needs careful evaluation. Normal monsoon is expected to support consumption and auto sectors.
Fund managers stay selective despite June market surge
Despite market gains in June, fund managers adopted a cautious approach, selectively deploying capital. They favored financial institutions like L&T Finance and AU Small Finance