Why Deepak Shenoy is betting on industrials, defence, and oil and what he's avoiding
Despite gloomy headlines, Deepak Shenoy of Capitalmind MF sees a better ground reality for markets, backed by strong corporate earnings and encouraging bank credit growth. He favors industrials, import substitution, and manufacturing, with defence and semiconductors as high-conviction bets, while advising caution on oil prices and the EV technology theme.
Synopsis
Despite gloomy headlines, Deepak Shenoy of Capitalmind MF sees a better ground reality for markets, backed by strong corporate earnings and encouraging bank credit growth. He favors industrials, import substitution, and manufacturing, with d... [5757 chars]
Published by: The Economic Times
Read full article here: https://economictimes.indiatimes.com/markets/expert-view/why-deepak-shenoy-is-betting-on-industrials-defence-and-oil-and-what-hes-avoiding/articleshow/130844894.cms
