Market veteran Madhusudan Kela anticipates continued fiscal discipline despite a revenue gap. He highlights opportunities in market corrections, noting that individual stocks are becoming attractive after a period of consolidation. Kela also points to the strength of corporate India and sees potential in smaller companies for long-term investors. Investors are encouraged to focus on selective, long-term opportunities.
Investor sentiment remains cautious ahead of the Union Budget, with FII outflows a key concern. Market expert Neeraj Dewan suggests selective buying in infrastructure, capital goods, and PSU banks, noting attractive valuations. He remains constructive on power T&D and sees opportunities in power generation, while advising caution on NBFCs and recommending long-term accumulation in real estate.
India's defence sector anticipates a significant expansion in the upcoming fiscal year, with budget proposals hinting at a 20-25% increase in allocations. Analysts foresee a positive industry outlook driven by government spending and policy reforms, though challenges like working capital and R&D investments remain crucial for sustained growth.
