Branch² Intelligence
Nitin Raheja bets on auto, consumer durable sector; stays cautious on IT
Key takeaway
Nitin Raheja bullish on autos and consumer durables due to strong demand, cautious on IT due to AI valuation uncertainty.
- Step 1Fund manager bullish on autos/consumer durables, cautious on IT.
- Step 2Increased institutional buying in auto and consumer durable stocks, selling in IT.
- Step 3Valuation re-rating for auto and consumer durable sectors; IT sector de-rating.
Source: Economic Times (Markets)
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