Stay cautious, focus on selective buying, says Nischal Maheshwari amid market volatility

Market veteran Nischal Maheshwari urges investors to stay on the sidelines. He advises against aggressive positions due to current market volatility. Maheshwari favors structural themes like power and solar. He also sees potential in metals and banking. However, he suggests avoiding IT and auto stocks for now. Reliance Industries at current levels is a buy. FMCG stocks offer trading opportunities.

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