Rana Gupta advises caution on IT sector, check which sectors he bets on for short term
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As global markets remain uncertain, investors increasingly look for clarity on where to deploy capital in the near term. With concerns around the geopolitical developments, sectoral rotation within equity markets has become more prominent. In this context, the short-term outlook for Indian equities continues to be a subject of active discussion among market participants. Amid this backdrop, Rana Gupta of Manulife Investment, offered detailed insights into preferred investment themes in the Indian market in a recent interaction with ETNow. Gupta dissected the current market scenario across short, medium, and long-term horizons, offering a roadmap for navigating through periods of turbulence. Gupta pointed to sectors that could benefit from domestic tailwinds. He stated, “The consumer sector could see some revival because of tax cuts and rate cuts. At the same time, the input costs can go down because of the crude oil price falling, so that...