ETMarkets Smart Talk - Auto, QSR, and defence among top picks in current market cycle: PL Capital’s Sandip Raichura

Sandip Raichura of PL Capital Group anticipates near-term market pressure amid global uncertainties, but remains optimistic about Indian equities due to structural and cyclical factors. He highlights Auto, QSR, and Defence as promising sectors. Raichura advises HNIs to favor large-cap stocks and longer tenor bond funds, while suggesting gold remains a valuable portfolio component despite its recent surge.