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Dikshit Mittal from LIC Mutual Fund expects consumer discretionary sectors to recover strongly by fiscal 26 due to recent government tax breaks. He sees opportunities in power capex, particularly in transmission and distribution, and suggests being selective in capital goods and banking sectors due to their reasonable valuations and potential for better returns.

Narayana Murthy: Murthy’s family, which owns a 4.02% stake in Infosys, saw the value of their holdings drop to Rs 26,287 crore on Wednesday, down from Rs 33,163 crore in mid-December.

​So, we are going to keep our eyes on wheat and sugar for the next few months. But for now, we are going to celebrate the fact that a lot of other food prices have actually come off and we are at target inflation.

Harsha Upadhyaya, CIO-Equity of Kotak AMC, highlights the overvaluation in Indian markets, especially in mid and smallcaps. He suggests being cautious and selective in these sectors due to their high premiums and muted earnings growth. Largecap banks, private and PSUs, offer valuation comfort, along with sectors like specialty chemicals, industrials, telecom, and cement after correction.

While the prevailing conditions suggest that interest rates may remain high, which could limit gold’s upside, any sudden escalation in global tensions could trigger a strong rally

The market shows signs of consolidation, with Starlink entering India and partnering with Bharti and Jio, potentially benefiting existing telecom operators. Concerns over IndusInd Bank s stock drop and faith issues remain, highlighting broader challenges in the banking sector. The article also examines the impact on MFI-exposed banks and potential recovery amid economic changes.

Among the 10 stocks in the Nifty IT index, 9 are now in bear market territory, having dropped over 20% from their respective highs.

Crizac has received SEBI approval for a Rs 1,000 crore IPO, entirely an offer for sale (OFS). The OFS includes Rs 841 crore worth of shares from Pinky Agarwal and Rs 159 crore from Manish Agarwal. A Kolkata-based B2B education platform, Crizac provides international student recruitment solutions across the UK, Canada, Ireland, Australia, and New Zealand.

Tata Motors shares: During a management meeting, the company’s leadership reassured investors that Jaguar Land Rover (JLR) is on track to meet its FY25 EBIT targets. The CFO confirmed that they expect to achieve the FY25 EBIT margin goal of at least 8.5%.

The market, as I said, they seem to be quite stabilising and if you look at two buckets in particular, you see external sector, I am not very convinced about because due to what is happening globally, what US is doing, there is little bit of, or rather, I would say there might be prolonged uncertainty for the coming few months till the time the situation stabilises, some trade agreements are in place.