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Amidst global economic uncertainties and tariff-related volatility, Indian markets face corporate results that don't justify current valuations. Sudip Bandyopadhyay suggests volatility will persist, recommending a selective approach. He favors sectors like cement, construction, and BFSI, while advising caution in IT due to order inflow uncertainties, suggesting gradual accumulation for long-term investors.
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India's capital goods sector is thriving, fueled by strong macro factors and sector-specific growth drivers. Defence, power, renewables, and infrastructure are witnessing robust order books, supported by government policies and easing commodity prices. Defence procurement and infrastructure projects are boosting order momentum.
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Seven equity mutual funds have received over Rs 3,000 crore inflows in June on a monthly basis. There were 685 funds of which 664 received inflows and 21 saw outflows. (Source: ACE MF)
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