Key Points
Gurmeet Chadha, CIO & Managing Partner, Complete Circle Consultants, says probably a large part of the PSU rally is already in the price..
There is some concern on unsecured lending by RBI and in PSU banks you can have some negative surprises, which can rekindle the previous experience people have..
With a very long festive season and a wedding season and with World Cup and state elections, I would like to also monitor some of the consumer as well as the rural facing names...
In the defence sector, I still think the momentum is pretty strong but one has to be selective here because stocks have run up purely on the basis of order books..
Railway capex, again, as a theme, has a lot of legs, we are seeing very strong demand for Vande Bharat coaches, for wagons, as well as for the wheels..
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